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Additional information : 1: 1: 93 31 : 12 : 93 N N Subscription in...

Accounts - Principles of Accounts
JAMB 1997

Additional information :
1: 1: 93 31 : 12 : 93
N N
Subscription in arrears 300 450
Furniture 7000
Subscription received
in advance 500 400
Rate owing 50 60

Subscription relating to the accounting year 1993 in the income and expenditure account is
  • A. N 15 050
  • B. N 14 550
  • C. N14 300
  • D. N 13 400
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Correct Answer: Option C
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