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Derby Club was founded on 1st April, 2019 with 200 members; the annual subscription per member being $250. By the end of year, four members

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Derby Club was founded on 1st April, 2019 with 200 members; the annual subscription per member being $250. By the end of year, four members had not paid their subscriptions but 18 had paid for a year in advance. Prepare the club's subscription account as it would appear after the closing of the income and expenditure account at 31st March, 2020

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