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Use the information below to answer questions Subscription received during the year ...

Use the information below to answer questions Subscription received during the year N30,000 Subscription owed last year N4,000 Subscription received for next year N6,000
What is the subscription to be charged to income and expenditure account?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N36,000
  • B N34,000
  • C N30,000
  • D N20,000
Correct Answer: Option D
Explanation:

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