Yola Social Club
Statement of Account 1998 financial year – 31/12/98:
Subscription in arrears ₦21,000
Subscription in advance ₦12,000
Receipt during 1999:
Arrears 1998 ₦21,000
Dues 1999 ₦48,000
Advance 2000 ₦11,000
The subscription transferable to the income and expenditure account is
Options
A) ₦48,000
B) ₦59,000
C) ₦60,000 >>>>>>>>>>
D) ₦69,000
The correct answer is C.
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