The following is the subscription information of a

Solution

Subscription for 2022–23 (for 80 members) 80 × 1,200 = ₹96,000 should relate to this year. This ₹96,000 is split into: Part received last year as advance → ₹10,000 Part not yet received (outstanding 31-03-2023) → ₹20,000 The rest must have been received this year for 22–23. So, received this year for 22–23 = 96,000−10,000−20,000=66,000 2. Add receipts for other years that also came in this year Previous year’s outstanding (31-03-2022) = ₹14,000 → received in 22–23 Advance received in 22–23 for next year (31-03-2023) = ₹9,000 3. Total subscription received during 2022–23 66,000 (for 22–23)+14,000 (for 21–22)+9,000 (for 23–24) = 89,000