As per Receipts and Payments Account for the year ended on March 31, 2020, subscriptions received were Rs. 2,50,000 subscriptions outstanding on 1-04-2019 Rs. 50,000, Subscriptions received in advance as on 31-3-2020 are Rs. 30,000. Subscriptions for the year 2019-20 will be:
1
Rs. 2,30,000
2
Rs. 1,50,000
3
Rs. 2,40,000
4
Rs. 1,70,000