Compute the income from subscription for the year 2018 from the following particulars relating to a club.
(a) Subscription in arrears on 31-12-2017 –`6200
(b) Subscription received in advance on 31-12-2017 `12,000
(c) Total Subscription received during the year 2018 (Including `5,200 for 2017 and `11,000 for
2019) `6,60,000
(d) Subscription outstanding for 2018 `4,000.
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