MPOBA Club's annual donations from members amount to 112% of its internally generated revenue from...
FINANCIAL
JAMB 2006
MPOBA Club's annual donations from members amount to 112% of its internally generated revenue from the following.
Sales of drinks...................N212 500
Annual dues.......................N112 000
Determine the opening cash balance of the club?
- A. N3 070
- B. N2 220
- C. N5 710
- D. N4 320
Correct Answer: B. N2 220
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