Case no 5 ..the amount of subscription to be transferred to income and expenditure account for the year ended 31st March 2021 is ..................
And option 3 also pls

Dear Student,

1)  As there are 2000 regular members paying subscription of 2000 per annum 

The  amount of subscription to be transferred to income and expenditure account for the year ended 31st march 2021  will be 

​​​ = 2000 x 2000 
= 40,00,000  Rs 


Solution 3) 

The amount of subscription in arrears on 1st April 2020 is 360000
​​​​
Explanation : 
On 1stApril 2020, 180 members had not paid for subscription of previous year 2020 
subscription  per annum is 2000

= 180 x 2000 
= 360000



Regards

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