Plz answer this!

Dear Student,
AMOUNT TO BE CREDITED IN INCOME AND EXPENDITURE A/C :-

SUBSCRIPTIONS RECEIVED   2,75,000
(-) SUBSCRIPTION RECEIVED FOR PREVIOUS YEAR OUTSTANDING  (8,000)
(+) OUTSTANDING FOR CURRENT YEAR  23,000 (40,000 - 17,000 ) {as, outstanding of Rs. 17,000 (25,000-8000) belongs to previous year}
(+) ADVANCE SUBSCRIPTION RECEIVED IN PREVIOUS YEAR  10,000
(-) ADVANCE SUBSCRIPTION RECEIVED IN CURRENT YEAR  (15,000)


= 2,75,000 - 8,000 + 23,000 + 10,000 - 15,000 = 2,85,000

Regards