Subscription owing $ 6,000 (31/12/2014); Subscription in advance $ 4,000 (31/12/2014); Cash received as subscription during the year was $ 80,000. The subsc...

Question 1 Report

Subscription owing $ 6,000 (31/12/2014);
Subscription in advance $ 4,000 (31/12/2014);
Cash received as subscription during the year was $ 80,000.

The subscription for the year 2014 was?

$90,000

$82,000

$78,000

$70,000

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