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From the following particulars calculate the …

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From the following particulars calculate the amount of subscription to be credited to the Income and Expenditure Account for the year ended 31-3-2018: i. Subscriptions in arrears on 31-3-2017 Rs.1000 ii. Subscriptions received in advance at 31-3-2017 Rs.2,200 iii. Total subscription received during 2017-18 Rs.70,800 (including Rs.800 for 2016-17, Rs.2,400 for 2018-19 and Rs.600 for 2019-20) iv. Subscription outstanding for 2017-18 Rs.800
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