Accounting Multiple Choice Question – 11 November 2020

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

The following further information is available.

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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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