Multiple Choice
A club received subscriptions during 20X2 totalling £6,250. This figure included £400 for 20X1 and £200 for 20X3. There were subscriptions in arrears at the end of 20X2 of £125. The subscriptions to be included in the income and expenditure account for 20X2 are:
A) £5,525
B) £5,775
C) £5,925
D) £6,175
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The accumulated fund represents:<br>A) The shareholders funds
Q7: An income and expenditure account is:<br>A) A
Q8: Calculate the subscription income for the South
Q9: How is the gift of a computer
Q10: I & E a/c 200 x 50
Q11: Which of the following is correct?<br>A) Subscriptions
Q12: Which of the following is typically treated
Q13: The club had an excess of income
Q14: The Culture Club has an accounting year
Q16: Which of the following is the correct