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Social Club Subscription (Extract)31/12/2009 Subscription accrued #18,900Subscript...


Question

Social Club Subscription (Extract)31/12/2009 Subscription accrued #18,900

Subscription received in advance #16,400

Subscription received during

The year 2009 #38,570What is the amount of subscription to be shown as liability in the balance sheet as at December 2009

Options

A) #14,200

B) #16,400

C) #18,900

D) #20,500

The correct answer is C.


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