Use the information to answer this question Receipts and Payment Account (Extract) N Bal b/f 3650 Insurance 900 subscription (99) 7500 Rate 11,700 (2000) 1000 Bal c/d 8,050 Fees 8500 20,650 20,650 The following information were given:

Rates owing Insurance prepaid Subscription in arrears

1/199 3,600 50 700

31/12/99 2000 1000 600

Calculate the subscriptions in the Income and expenditure account

• A 8400
• B 7400
• C 6400
• D 7200