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Accounting Not For Profit Organisations Payments 14. Subscription and Treatment in B/S) A club has 300 members. Each member pays 100 annual subscription. Subscription 2,800 is outstanding on 31-3-2010. RECEIPTS & PAYMENTS ACCOUNT (31.3.10) Rece its To Subscription: 31-3-09 700 31-3-10 28,000 31-3-11 2500 31.200 You are required to show the above items in Income & Expenditure Account for the year ended 81-3-10 and in the Balance Sheet as on that date​

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