A Club's Membership Fees Account Shows a Debit Balance of £300

Multiple Choice

A club's membership fees account shows a debit balance of £300 and a credit balance of £180 at
1 January 20X1. During the year ending 31 December 20X1, subscriptions received amounted to £3,750. Subscriptions overdue from the year ended 31 December 20X0, of £80, are to be written off. At 31 December 20X1, subscriptions paid in advance amount to £150.
The amount to be transferred to the income and expenditure account for the year ending 31 December 20X1 is

A) £3,400
B) £3,560
C) £3,860
D) £3,940