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Receipts and payments account of Ms …

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Receipts and payments account of Ms Singh disclosed that it has received rupees 75000 by way of subscription for the year ended 31st March 2020.the following additional information is supplied to you. Subscription outstanding on 1st April 2019 (out of which rupees 10000 where received during the year 2019-20 )12000 Subscription outstanding on 31st March 2020 for the year 2019-20 rupees 15000 Subscription received in advance on 31st March 2019 rupees 7000 Subscription received in advance on 31st March 2020 rupees 5000. show how the subscription will appear in the income and expenditure account for the year ended 31st March 2020
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