A club came into existence on 1 July 2019. For the year ending 30 June 2020, subscriptions paid by members amounted to $2500. Of this total, $120 was received in advance for the following financial year. Subscriptions due but not yet paid on 30 June 2020 were $280. How much should subscriptions be shown at in the income and expenditure account for the year ended 30 June 2020?
- A$2100
- B$2500
- C$2660
- D$2780