Use the information to answer this question
Receipts and Payment Account (Extract)
N
Bal b/f 3650 Insurance 900
subscription (99) 7500 Rate 11,700
(2000) 1000 Bal c/d 8,050
Fees 8500
20,650 20,650
The following information were given:
Rates owing
Insurance prepaid
Subscription in arrears |
1/199
3,600
50
700 |
31/12/99
2000
1000
600 |