O-LevelAccountingAccounting proceduresOct/Nov 2017Paper 1 Q221 Mark
A golf club has 230 members. The annual subscription is $100. At the beginning of the year subscriptions prepaid amounted to $1000 and at the end of the year subscriptions in arrears amounted to $1500. How much did the club receive for subscriptions during the year?
A$20 500
B$22500
C$23500
D$25500
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of accounting procedures within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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