Youngsters Club has a membership of 115 persons. Each member pays an annual subscription of ₦50. During the year ended 31st December 2005, 8 members had not paid their subscriptions. using the information, the subscriptions recorded in the income ans expenditure account for the year ended 31st December 2005 is 

Similar Questions

Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31...

Adamu, Babaji and Chukwu are in partnership and they share profit and losses on ratio 3:2:1. Their r...

Which of the following is not a debit item in a partnership appropriation account? ...

An effective accounting system should provide information ...

Partners' salaries and drawings are usually posted to the ...

Provision for bad debt 1500 Additional information 1. Bad debt written off amount to 3000 2. ...

Aug. 1 Received 20 units at N60 each Aug. 6 Received 20 units at N68 each Aug. 10 Issued 16 units&...

One of the major features of book keeping is that it ...

Which of the following accounts for the highest revenue to Nigeria? ...

Goods from head office................N13,400 Returns to head office ...............N118 Rates and...