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(15 marks) Question Three A charitable organisation has the following figures for its 2018 accounting year: Subscriptions received in 2018 N840,000 Subscriptions unpaid by the

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(15 marks) Question Three A charitable organisation has the following figures for its 2018 accounting year: Subscriptions received in 2018 N840,000 Subscriptions unpaid by the end of 2017 N90,000 Subscriptions paid in advance (for 2019) N45.000 Subscriptions due, not yet paid by the end of 2018 N54.000 Required: Prepare the subscription account showing the income from subscription as per the year 2018. (10 marks)

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