Social Club Subscription (Extract)
31/12/2009 Subscription accrued #18,900
Subscription received in advance #16,400
Subscription received during
the year 2009 #38,570
Determine the amount of subscription for the year
a
#57,470
b
#41,070
c
#40,210
d
#35,300
Explanation
Correct Option
aNo explanation available
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Activist Boyé
11 years ago
The correct answer is B. #41,070....subscription received #38,570 wil be added to Subscription accrued #18,900 during year less Subscription in advance #16,400 for next year which gives
#41,070.
