Given: Subscriptions received.........N200 000 Subscriptions owed.............N10 000 Subscriptions in advance.......N25 000 Calculate the subscription in...

FINANCIAL
JAMB 2006

Given:

Subscriptions received.........N200 000

Subscriptions owed.............N10 000

Subscriptions in advance.......N25 000

Calculate the subscription in the income and expenditure account?

  • A. N200 000
  • B. N235 000
  • C. N185 000
  • D. N225 000

Correct Answer: C. N185 000



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