problem 4

(Preparation of Subscription Account) The John Cricket Club, had received $5,000 as Subscriptions during the year 2009-10. Subscriptions due but not received on 1.4.2009 were $ 800, out of which $ 300 were received during 2009-10. Subscriptions outstanding for 2009-10 are $ 450. Subscriptions paid in advance on 31.3.2009 were $700 and Subscriptions paid in advance on 31.3.2010 were $ 530. Prepare Subscriptions Account for the year ending 31st March 2010.