Question

Subscription income for the year is Rs 5,000. Amount received in advance for the next year is Rs 300. Amount outstanding for current year was Rs 400. The amount received during the year is ___

• A. Rs 4,000
• B. Rs 5,100
• C. Rs 4,900
• D. Rs 4,600

Answer 1

The correct option is C

Rs 4,900

Received during the year = 5,000 + 300 - 400
= Rs 4,900