Accounts - Principles of Accounts
JAMB 2002
It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.
What is the amount to be written off as other expenses?
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A.
N4500
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B.
N6000
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C.
N4000
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D.
N5000
Correct Answer: Option D
Explanation
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