Given: Subscription in arrears 01/10/06...........N2 000 Subscription in advance 01/10/06...........N1 500 Subscription paid during the year..........N7 000 Subscription in arrears 31/12/06...........N3 000 Determine the amount of subscription included in the income and expenditure account for the year?

Given:

Subscription in arrears 01/10/06...........N2 000

Subscription in advance 01/10/06...........N1 500

Subscription paid during the year..........N7 000

Subscription in arrears 31/12/06...........N3 000

Determine the amount of subscription included in the income and expenditure account for the year?

The correct answer is C. N9500

No explanation given