It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.
Determine the club’s excess of income over expenditure
A N12000
B N15000
C N10000
D N14500
Answer is A
Tutors, Past Questions and Projects.
It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.
Determine the club’s excess of income over expenditure
A N12000
B N15000
C N10000
D N14500
Answer is A