Question on: JAMB Accounting - 2014
Social Club Subscription (Extract)
31/12/2009 Subscription accrued #18,900
Subscription received in advance #16,400
Subscription received during
the year 2009 #38,570
What is the amount of subscription to be shown as liability in the balance sheet as at December 2009
A
#14,200
B
#16,400
C
#18,900
D
#20,500
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Correct Option: C
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