Given below is the data taken from Rupa Sports Club, Kochi during the year 2012. Subscription ₹ 12,000 was received during 2012.
(This includes ₹ 900 related to the last year’s outstanding subscription and also advance subscription ₹ 1,200 from the members forthe next year)
During 2011, subscription advanced was ₹ 2,000 Subscription outstanding in 2012 is ₹ 1,050 How much amount has to be credited to the Income and Expenditure account by way of subscription?
