The sports club’s bank account records that subscriptions amounting to $2695 were received in the financial year. This total includes $145 of subscriptions in arrears from the previous year. It also contains a subscriptions lodgement of $195 that is still outstanding. What amount for subscriptions should be shown in the receipts and payments account of the sports club?
- A$2355
- B$2500
- C$2550
- D$2695