Q. There are 200 members, each paying an annual subscription of 7 1,000; subscription received during the year 7 1,95,000; subscriptions received in advance at the beginning of the year 73,000 and at the end of the year 72,000. – Amount shown in Income & Expenditure Account will be :
  • (A) ₹2,00,000
  • (B) ₹1,96,000
  • (C) ₹1,94,000
  • (D) ₹2,01,000
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✅ Correct Answer: (A) ₹2,00,000

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