The club has 100 members each paying an annual subscription of RS.900. And here it is given 20.000 please answer it quickly

The club has 100 members each paying an annual subscription of RS.900. And here it is given 20.000 please answer it quickly Accounting for Share Capital Amount ure 2nses 16,000 1 ,ooo 17,000 (1 ,000) of Old )arges enses 3ncing Income 900Subscription 70,000 Add: Outstanding for 2006 20,000 (1 00 members at Rs 900 each) Rent from use of hall Sale of Old News 16,000Papers Profit from Entertainment 1 ,200 7,800 600 7,200 1 ,300 79,700 Amount 90,000 17,000 400 7,300 PAGE 60

100×900=90000 as shown and 20000 is written to show further information about oustanding but the total is 70000+20000 and due to oustanding of 20000 we cannot write 70000 only .you have to show full amount 90000

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