Calculate subscription of current year to be credited to Income and Expenditure account from the following information :

Subscription Received ₹80,000,

Subscription Received in Advance Last year ₹10,000, subscription Received in Advance during this year ₹2,000 and Accrued Subscription at the end of current year ₹5,000 :

₹93,000

The correct answer is option (2) : ₹93,000

Subscription received = 80,000
Add: Sub. received in advance last year = 10,000
Less: Sub received in advance during the year = 2,000
Add: Accrued sub at end of year = 5,000

Sub credited to income & exp account = (80000 + 10000 - 2000 + 5000)
                                                               = 93,000