A-LevelAccountingNot-for-Profit OrganisationsOct/Nov 2014Paper 1 Q121 Mark
A sports club provides the following information at the year end. The bank balance had increased by $5000. The depreciation charge for the year was $600. Subscriptions in arrears had increased by $100. What was the surplus for the year?
A$4300
B$4400
C$4500
D$4900
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of not-for-profit organisations 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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