A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2011 · Q151 Mark
The treasurer has provided the following information relating to a golf club's financial position at the year end. cash at bank $ 2 500 non-current assets 120 000 prepaid expenses 80 inventory of refreshments 500 subscriptions in advance 50 subscriptions in arrears 100 unpaid bills 200 What is the accumulated fund at the year end?
A$122 780
B$122 930
C$123 130
D$123 180
✓ Correct answer
B: $122 930
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