Use the following information to answer the question that follows Receipt and payments: 31st December 2016...

Use the following information to answer the question that follows Receipt and payments: 31st December 2016...

WAEC 2018

Use the following information to answer the question that follows

Receipt and payments: 31st December 2016

Cash at bank------460 New equipment------200
Subscriptions-----520 Cleaner's wage-----540
Donations--------- 500 Stationary----------- 140
Sale of stickers---490 Cash at bank--------110
Entrance fee------670

The surplus for the year is-----------

A. 1,970
B. 1,890
C. 1,690
D. 1,390

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Correct Answer: Option D

Explanation

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