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There are 100 members in a club each paying Rs. 500 as annual subscription. Subscription due but not received for the current year is Rs. 200; Subscription received in advance is Rs. 300. The amount of subscription to be shown in the income and expenditure account is __________. (a) Rs. 50,000 (b) Rs. 50,200 (c) Rs. 49,900(d) Rs. 49,800 |
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Answer» (a) Rs. 50,000 |
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