O-LevelAccountingPreparation of financial statements7707/12 · May/June 2023 · Q281 Mark
Melody is a music club. The club holds a music concert once every year. Prizes are awarded to musicians selected by a judge. The club provided the following information related to the latest music concert. sale of concert tickets 1500 purchases of concert prizes 450 sale of concert programmes 150 payment of fee to the concert judge 250 What was the profit from the concert?
A$950
B$1050
C$1450
D$2100
✓ Correct answer
A: $950
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