Subscription received during the year was ₹80000, outstanding subscription at the end of the current year was ₹5000, subscription advance at the end of the year was ₹5000. How much subscription will be credited in Income and Expenditure Account?

₹90000 ₹85000 ₹80000 ₹70000

₹80000

80000 Subscription during the year Add   5000.  For current year Less  5000.  For the following year So, 80000 - 5000 + 5000= ₹80000