It is the tradition of the club to write off an... - JAMB Accounting 2002 Question
It is the tradition of the club to write off an amount equal to 25% of the subscriptions received as other expenses.
Determine the club's excess of income over expenditure
Determine the club's excess of income over expenditure
A
N12000
B
N15000
C
N10000
D
N14500
correct option: a
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