Multiple Choice
Calculate the subscription income for the North Social Club using the following data. Arrears 01/01/X0 £1,400.
Prepaid in advance 01/01/X0 £3,000 Arrears 31/12/X0 £2,400
Paid in advance 31/12/X0 £6,400 Cash received in year £28,400
A) £26,000
B) £28,400
C) £22,800
D) £34,000
Correct Answer:

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Correct Answer:
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