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Commerce · Q2613

Accounting

Graduate and Post Graduate · Commerce · question 2613

Q2613

A cricket club has 50 members and each member pays Rs. 200 as monthly subscription 5 members paid advance subscription for the financial year 1994-95 and 10 members failed to pay subscription for the year 1993-94. The amount to be credited as subscription to income and expenditure account would be:

A.
Rs. 12,000
B.
Rs. 10,000
Answer
C.
Rs. 9,600
D.
Rs. 8,000

Answer: Option B

Solution

Answer: Option B
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