In the year ended 31st March, 2018 subscriptions received by Kings Club, Delhi were Rs. 4,09,000 including Rs 5,000 for the year ended 31st March, 2017 and Rs. 10,000 for the year ended 31st March, 2019. At the end Rs. 15,000. The subscriptions due but not received at the end of the previous year, i.e., 31st March, 2017 were Rs. 8,000, while subscriptions received in advance on the same date were Rs. 18,000. Calculate amount of subscriptions to be credited to Income and Expenditure Account for the year ended 31st March, 2018.
