From the following particulars, calculate amount of subscriptions to be credited to the Income and Expenditure Account for the year ended 31st March, 2019:
| ₹ | ||
| (a) | Subscriptions in arrears on 31st March, 2018 | 500 |
| (b) | Subscriptions received in advance on 31st March, 2018 for the year ended on 31st March, 2019 | 1,100 |
| (c) | Total Subscriptions received during the year ended 31st March, 2019 (including ₹ 400 for the year ended 31st March, 2018, ₹ 1,200 for the year ended 31st March, 2020 and ₹ 300 for the year ended 31st March, 2021) | 35,400 |
| (d) | Subscriptions outstanding for year ended 31st March, 2019 | 400 |
Statement of Subscriptions
for the year ended March 31, 2019
| Particulars | Amount (Rs.) |
| Subscriptions received during 2018-19 | 35,400 |
| Less: Subscriptions-in-arrears received for 2017-18 | (400) |
| Less: Subscriptions received-in-advance for 2019-20 | (1,200) |
| Less: Subscriptions received-in-advance for 2017-18 | (300) |
| Add: Subscriptions Outstanding for 2018-19 | 400 |
| Add: Subscriptions received in 2017-18 for 2018-19 | 1,100 |
| Subscriptions to be credited to Income and Expenditure Account | 35,000 |