AdmitMe
Accounts (Principles of Accounts) · Accounts of not-for-profit organisations

Accounts (Principles of Accounts)Accounts of not-for-profit organisationsJAMB

Subscriptions received during the year ₦90,000 include ₦6,000 for next year; ₦4,000 is owed for this year. Subscription income for the year is

Show answer

Answer: C. ₦88,000

90,000 − 6,000 + 4,000.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Accounts of not-for-profit organisationsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Accounts of not-for-profit organisations questions