Question on: JAMB Accounting - 2001

Use the information below to answer questions Subscription received during the year N30,000 Subscription owed last year N4,000 Subscription received for next year N6,000

What is the subscription to be charged to income and expenditure account?

A
N36,000
B
N34,000
C
N30,000
D
N20,000
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Correct Option: D

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