The subscriptions received represent 80% of total payments and the opening balance is 30% of

FINANCIAL
JAMB 2006

The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections.

The subscriptions received would be

  • A. N200 000
  • B. N240 000
  • C. N300 000
  • D. N24 000

Correct Answer: B. N240 000



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