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Youngsters Club has a membership of 115 persons. Each member pays an annual subs...


Question

Youngsters Club has a membership of 115 persons. Each member pays an annual subscription of ₦50. During the year ended 31st December 2005, 8 members had not paid their subscriptions. using the information, the subscriptions recorded in the income ans expenditure account for the year ended 31st December 2005 is

Options

A) ₦5,750

B) ₦5,350

C) ₦400

D) ₦115

The correct answer is A.


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