Yola Social ClubStatement of Account 1998 financial year31/12/98:Subscription in a...
Question
Yola Social Club
Statement of Account 1998 financial year
31/12/98:
Subscription in arrears ₦21,000
Subscription in advance ₦12,000
Receipt during 1999: Arrears 1998 ₦21,000
Dues 1999 ₦48,000
Advance 2000 ₦11,000
The subscription transferable to the income and expenditure account is?
Options
A)
₦48,000
B)
₦59,000
C)
₦60,000
D)
₦69,000
The correct answer is C.
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