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?Opening balance of Diks company was #12,202, closing…A business extracted its trial balance and…In bank reconciliation, when a cash book shows a…The subscriptions received represent 80% of total…