Accounting 0452 · IGCSE · Clubs and societies

Clubs and societies — practice question

At the beginning of the year, a club’s accumulated fund was $18\,000$, and by the end of the year it had fallen to $16\,200$. During the year, new equipment costing $1\,100$ was purchased. The year’s total expenses amounted to $9\,550$. Subscriptions were the club’s only source of income. What was the amount of subscriptions for the year?

  • A$7\,750$
  • B$8\,850$
  • C$11\,350$
  • D$12\,450$

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