Accounting 0452 · IGCSE · Clubs and societies

Clubs and societies — practice question

For the year ended 30 April 2019, a club obtained members’ subscriptions amounting to $12\,600. The extra information was as follows. - Subscriptions paid in advance on 30 April 2018: $1\,300 - Subscriptions outstanding on 30 April 2018: $800 - Subscriptions outstanding on 30 April 2019: $1\,100 What figure was shown 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

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