The lump sum amount paid by members instead of paying a periodical subscription is called .

subscription

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honorarium

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life membership fees

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Solution

The correct option is D life membership fees
Life membership fees is the lump sum amount paid by members instead of paying a periodical subscription.

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The lump sum amount paid by members instead of paying periodic subscription is called ______________

Q. A cricket club has 50 members and each member pays Rs. 200 as monthly subscription 5 members paid advance subscription for the financial year 1994-95 and 10 members failed to pay subscription for the year 1993-94. The amount to be credited as subscription to income and expenditure account would be.

Q. The cricket club has 50 members and each member pays Rs.20 as monthly subscription. Five members paid advance subscription for the financial year 2013-14 and 10 members failed to pay subscription for the year 2012-13. The amount to be credited as subscription to Income and Expenditure Account would be:

Q. A certain company agreed to pay 80% of the health club membership fees for each of its employees. During a certain year, an employee belonged to a health club and paid an additional $468 for personal training. If the amount that the company paid for its part of the employee's health club membership fee is equal to the amount that the employee paid for her part of her health club membership fee plus her personal training, how much was the health club's membership for that year in

$

From the following information, calculate the amount of subscriptions outstanding as on 31st March, 2009 :

A club has 250 members each paying an annual subscription of Rs 1,000. The Receipts & Payments account for the year showed a sum of Rs 2,65,000 received as subscriptions. The following additional information is provided.

$\begin{matrix} Rs Subscriptions Outstanding on 31st March, 2008 & 40, 000 Subscriptions Received in advance on 31st March, 2009 & 30, 000 Subscriptions Received in advance on 31st March, 2008 & 12, 000 \end{matrix}$

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The lump sum amount paid by members instead of paying a periodical subscription is called .

The correct option is D life membership feesLife membership fees is the lump sum amount paid by members instead of paying a periodical subscription.

The correct option is D life membership fees
Life membership fees is the lump sum amount paid by members instead of paying a periodical subscription.