Question

Following is the information relating to a club for the year ending 31.03.2022: Subscription outstanding as on 31.03.2021                   ₹16,000 Subscription outstanding as on 31.03.2022                   ₹18,000 Subscription received in advance as on 31.03.2021    ₹12,000 Subscription received in advance as on 31.03.2022    ₹11,000 There are 70 members each paying an annual subscription of ₹1,000. Total subscription received during the year 2021-22 will be:

A ₹67,000
B ₹71,000
C ₹69,000
D ₹77,000
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