Question 25

Using the following information,
\(\begin{array}{c|c} & ₦ \\ \hline \text{club house} & 375,000\\ \text{Furniture} & 250,000\\ \text{Sport kit} & 400,000 \\ \text{subscriptions prepaid} & 10,000\\ \text{Bar creditors} & 156,000 \\ \text{subscriptions owing} & 45,000\end{array}\)
What is the club's accumulated fund?

  • A.₦924,000
  • B.₦914,000
  • C.₦904,000
  • D.₦834,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2003
Question no.
#25
Type
Objective

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