Q. There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17? (Solved)

1. 20,000

2. 25,000

3. 27,500

4. 50,000

  • a. 20,000
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