A cricket club has 50 members and each member pays Rs. 200 as monthly subscription 5 members paid advance subscription for the financial year 1994-95 and 10 members failed to pay subscription for the year 1993-94. The amount to be credited as subscription to income and expenditure account would be:
A. Rs. 12,000
B. Rs. 10,000
C. Rs. 9,600
D. Rs. 8,000
Answer: Option B
This Question Belongs to Commerce >> Accounting
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