A-LevelAccountingNon-Profit OrganisationsOct/Nov 2015Paper 1 Q201 Mark
A club provides the following information. | | $ | |---|---| | opening subscriptions in advance | 1200 | | subscriptions received during the year | 25000 | | closing subscriptions in arrears | 1500 | How much are subscriptions for the year in the income and expenditure account?
A$22300
B$24700
C$25300
D$27700
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of non-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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