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

FINANCIAL
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

Correct Answer: D. N31,980



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