There are 500 members in a club each paying Rs. 100 as an annual subscription. Subscription due but not received for the current year is Rs. 200; Subscription received in advance is Rs. 300. Find out the amount of subscription to be shown in the income and expenditure account.
1
Rs. 50,200
2
Rs. 50,300
3
Rs. 50,000
4
More than one of the above
5
None of the above