O-LevelAccountingAccounting procedures7707/12 · May/June 2024 · Q261 Mark

A club received subscriptions from members totalling $12 600 in the year ended 30 April 2019. The following information was available. at 30 April 2018 $ at 30 April 2019 $ subscriptions paid in advance 1300 – subscriptions in arrears 800 1100 Which amount appeared in the income and expenditure account for subscriptions for the year ended 30 April 2019?

A$11 000

B$11 600

C$13 600

D$14 200

✓ Correct answer

D: $14 200

Oracle Prep sorts past-paper questions by topic, so you can drill Accounting procedures and see which topics are most likely to come up next.

Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2024 Paper 1 Variant 2, question 26.

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