Q. Income & Expenditure A/c shows subscriptions `10,000; Subscriptions accrued in the beginning of the year and at the end of the year were `1,000 and `1,500 respectively. The figure of subscription received appear in receipts and payments account will be: (Solved)
1. 9,500
2. 10,000
3. 10,500
4. 12,000
- a. 9,500