In the year ended 31st March 2019 subscriptions received by kings Club Delhi were Rs. 4,09,000 including Rs. 5,000 for the year ended 31st March 2018 and Rs 10,000 for the ended 31st March 2020. At the end of the year ended 31st March ,2019 subscriptions outstanding for the year ended 31st March 2019 were Rs. 15,000. The subscriptions due but not received at the end of the previous year i.e., 31st March 2018 were Rs. 8,000 while subscriptions received in advance on the same date were Rs.18,000.
Calculate amount of subscriptions to be credited to income and Expenditure Account for the ended 31st March 2019 .

Answer

Current Subscriptions for the year ended 31st March 2019 -Rs. 4,27 000

Explanation

N/a