Question on: JAMB Accounting - 2001

A club received rent N10,000 and donation N30,000. It paid N6,000 for entertainment and is still owing N16,000.

The balance of the payments account is?

A
N24,000
B
N22,000
C
N14,000
D
8,000
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Correct Option: E

Correct Answer: Option E

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