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:The summary of receipts and payments account represent?A business extracted its trial balance and…The component of balance of payments which shows how…Subscriptions in arrears is treated in the balance…The difference between the total amount of money…