Accounting 0452 · IGCSE · Clubs and societies

Clubs and societies — practice question

A sports club has 100 members, and the annual subscription is $60$. For the year ended 31 August 2021: 12 members settled unpaid subscriptions from the earlier financial year. 10 members paid their subscriptions in advance for the next financial year. At 31 August 2021, the subscriptions for the current financial year were still unpaid by 8 members. Calculate the total amount received from members during the year ended 31 August 2021?

  • A$5160$
  • B$5640$
  • C$6600$
  • D$6840$

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