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:
Verified
Q3: Which of the following is typically treated
Q4: Which of the following is correct?
A) Subscriptions
Q5: The Culture Club has an accounting year
Q6: A club's membership fees account shows a
Q7: Which of the following is the correct
Q9: Calculate the subscription income for the South
Q10:
A social club has 200 members;
Q11: A debit balance on an income and
Q12: How is the gift of a computer
Q13: The accumulated fund represents:
A) The shareholders funds
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