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    Excellent Sports Club received subscription of ₹4,70,000 during the year 2022-23. The following information was available: Calculate subscript
    Question

    Excellent Sports Club received subscription of ₹4,70,000 during the year 2022-23. The following information was available:

    Calculate subscription income for the year ended on March 31, 2023.

    A.

    ₹4,30,000

    B.

    ₹4,40,000

    C.

    ₹5,10,000

    D.

    ₹5,00,000

    Correct option is C

    Subscription income for the year ended on March 31, 2023 = ₹4,70,000-₹25,000+₹30,000+₹50,000-₹15,000=₹5,10,000

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