The club’s balance is?

Given:

Opening cash balance N20,000
Sales of match tickets N15,000
Clearing of pitch N1,200
Refreshments N3,500
Referees’ allowance N1,000
Cost of petrol N1,120
Donation from local government N3,800

A. N39,180
B. N34,830
C. N34,380
D. N31,980

Correct Answer:

Option D – N31,980