The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections. The subscriptions received would be? by Sunday | Dec 6 | Accounting JAMB | 0 comments A. N200 000 B. N240 000 C. N300 000 D. N24 000 Correct Answer: Option B – N240 000 Users Also Read These:Subscriptions in arrears is treated in the balance…The opening balance of debtors is N100,000 and that…The component of balance of payments which shows how…In a situation where Mux represent the marginal…A club received rent N10,000 and donation N30,000.…