Yola Social Club
Statement of Account 1998 financial year
31/12/98:
Subscription in arrears N21,000
Subscription in advance N12,000
Receipt during 1999:

Arrears 1998 N21,000
Dues 1999 N48,000
Advance 2000 N11,000

The subscription transferable to the income and expenditure account is?

• A.N48,000
• B.N59,000
• C.N60,000
• D.N69,000
• E.