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    Question

    Following is the information relating to a club for the

    year ending 31.03.2022: Subscription outstanding as on 31.03.2021                   ₹16,000 Subscription outstanding as on 31.03.2022                   ₹18,000 Subscription received in advance as on 31.03.2021    ₹12,000 Subscription received in advance as on 31.03.2022    ₹11,000 There are 70 members each paying an annual subscription of ₹1,000. Total subscription received during the year 2021-22 will be:
    A ₹67,000 Correct Answer Incorrect Answer
    B ₹71,000 Correct Answer Incorrect Answer
    C ₹69,000 Correct Answer Incorrect Answer
    D ₹77,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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