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Extracts of Receipt and Payment Account ...

Extracts of Receipt and Payment Account for the year ended March 31, 2017 are given below:

Additional Information:
Total number of members: 230.
Annual membership fee: Rs. 125.
Subscriptions outstandings on April 1, 2016: Rs. 2,750.
Prepare a statement showing all relevant items of subscriptions viz., income, advance, outstandings, etc.

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Amount of subscription due for the year 2016-17 irrespective of cash Rs. 28,750 (i.e. Rs. 125 × Rs. 230).

Note: The amount of subscriptions outstanding as on 01-04-2014 has been ascertained as follows:
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