O-LevelAccountingAccounting procedures7707/12 · May/June 2016 · Q191 Mark

A sports club provided the following information. subscriptions received during the year $12000 subscriptions owing at the start of the year $1200 subscriptions owing at the end of the year $800 What was the amount of subscriptions shown in the income and expenditure account?

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A$11600

B$12400

C$12800

D$13200

✓ Correct answer

A: $11600

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2016 Paper 1 Variant 2, question 19.

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