O-LevelAccountingPreparation of financial statements7707/12 · May/June 2022 · Q231 Mark

A sports club provided the following information for the financial year ended 31 December 2021. $ 1 January 2021 subscriptions paid in advance 200 31 December 2021 subscriptions outstanding 450 subscriptions received during the year 8800 What was the total of the subscriptions that related to the year ended 31 December 2021?

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A$8150

B$8550

C$9050

D$9450

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D: $9450

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2022 Paper 1 Variant 2, question 23.

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