Income & Expenditure A/c shows subscriptions `10,000; Subscriptions accrued in the beginning of the year and at the end of the year were `1,000 and `1,500 respectively. The figure of subscription received appear in receipts and payments account will be:

Income & Expenditure A/c shows subscriptions `10,000; Subscriptions ac

1.	Income & Expenditure A/c shows subscriptions `10,000; Subscriptions accrued in the beginning of the year and at the end of the year were `1,000 and `1,500 respectively. The figure of subscription received appear in receipts and payments account will be:
A.	9,500
B.	10,000
C.	10,500
D.	12,000
Answer» B. 10,000