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  5. Given: Opening cash...

Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refreshments...

Accounts - Principles of Accounts
JAMB 2000
Given:
Opening cash balance N20,000
Sales of match tickets N15,000
Clearing of pitch N1,200
Refreshments N3,500
Referees' allowance N1,000
Cost of petrol N1,120
Donation from local government N3,800

The club's balance is?
  • A. N39,180
  • B. N34,830
  • C. N34,380
  • D. N31,980
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts