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?

It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.

Determine the club's excess of income over expenditure

Subscriptions received are always put at 125% of the total donations received and refreshment sales.

What is the closing cash balance ?

Subscriptions received are always put at 125% of the total donations received and refreshment sales.

Compute the subscriptions received.