Accounting 0452 · IGCSE · Clubs and societies

Clubs and societies — practice question

The ledger account below was recorded in the club’s books for the year ending $31$ December. Which statement is correct?

  • ASubscriptions prepaid on $1$ January amounted to $2000$.
  • BSubscriptions prepaid on $31$ December amounted to $3000$.
  • CSubscriptions received during the year ended $31$ December amounted to $24\,000$.
  • DSubscriptions relating to the year ended $31$ December amounted to $29\,000$.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI