A-LevelAccountingNon-Profit OrganisationsMay/June 2015Paper 1 Q141 Mark
A cricket club provides the following information. $ subscriptions owing at 1 January 2014 340 subscriptions paid in advance at 1 January 2014 580 subscriptions received in the year ended 31 December 2014 3600 subscriptions owing at 31 December 2014 410 subscriptions paid in advance at 31 December 2014 320 What is the value of subscriptions in the income and expenditure account for the year ended 31 December 2014?
A$3450
B$3600
C$3750
D$3930
✓ Correct Answer
The correct answer is D: $3930
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
🔒
Unlock the Examiner's Analysis
Sign up for free to reveal the full examiner report, trap analysis, and mark scheme breakdown for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep