Accounting Multiple Choice Question – 11 November 2020

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During the year ended 31 December 2019, the XY Sports Club received £10,860 in cash for subscriptions.

The following further information is available.

What is the figure for subscriptions in the Income and Expenditure Account for the year ended 31 December 2019?

Select ONE answer:

  1. £10,150
  2. £10,510
  3. £11,570
  4. £12,270

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct = £10,860 – £580 + £1,640 +£870 – £1,220
  4. Not correct

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