O-LevelAccountingPreparation of financial statements7707/11 · Oct/Nov 2019 · Q231 Mark

A sports club provided the following information. $ subscriptions received during the year 12000 subscriptions owing at the start of the year 1 200 subscriptions owing at the end of the year 800 What was the amount of subscriptions shown in the income and expenditure account?

A$11600

B$12400

C$12800

D$13200

✓ Correct answer

A: $11600

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2019 Paper 1 Variant 1, question 23.

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A sports club provided the following information. $ subscriptions received during the year 12000 subscriptions owing at the start of the year 1 200 subscriptions owing at the end of the year 800 What was the amount of subscriptions shown in the income and expenditure account?

✓ Correct answer

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