Ambrose pays a subscription to a trade association annually in advance on 1 January each year.Payments on 1 January 20X1, 20X2 and 20X3 were: What figure will appear in Ambrose's statement of profit or loss for the year ended 30 April 20X2 in respect of the subscription (to the nearest £)?

Question

Ambrose pays a subscription to a trade association annually in advance on 1 January each year.Payments on 1 January 20X1, 20X2 and 20X3 were:  What figure will appear in Ambrose's statement of profit or loss for the year ended 30 April 20X2 in respect of the subscription (to the nearest £)?

Quizplus · Accepted Answer

The Answer of Ambrose pays a subscription to a trade association annually in advance on 1 January each year.Payments on 1 January 20X1, 20X2 and 20X3 were:  What figure will appear in Ambrose's statement of profit or loss for the year ended 30 April 20X2 in respect of the subscription (to the nearest £)?

Ambrose Pays a Subscription to a Trade Association Annually in Advance