Yola Social Club Statement of Account 1998 financial year. 31/12/98: Subscription in arrears N21,000 Subscription

FINANCIAL
JAMB 2000

Yola Social Club

Statement of Account 1998 financial year. 31/12/98:

Subscription in arrears N21,000

Subscription in advance N12,000

Receipt during 1999:

Arrears 1998 N21,000

Dues 1999 N48,000

Advance 2000 N11,000

The subscription transferable to the income and expenditure account is?

  • A. N48,000
  • B. N59,000
  • C. N60,000
  • D. N69,000

Correct Answer: C. N60,000



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