Yola Social Club
Statement of Account 1998 financial year
31/12/98:
Subscription in arrears N21,000
Subscription in advance N12,000
Receipt during 1999:
Arrears 1998 N21,000
Dues 1999 N48,000
Advance 2000 N11,000
A. N48,000
B. N59,000
C. N60,000
D. N69,000
Correct Answer:
Option C – N60,000