A-LevelAccountingPreparation of financial statements9706/12 · May/June 2010 · Q111 Mark
During the year ended 31 December, a sports club received $10 860 for subscriptions. The following further information is available. year ended 31 December start of year $ end of year $ subscriptions owing 580 870 subscriptions received in advance 1 640 1 220 What is the figure for subscriptions in the Income and Expenditure Account for the year ended 31 December?
A$10 150
B$10 510
C$11 570
D$12 270
✓ Correct answer
C: $11 570
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