A club received 32000 in subscription during the year. At the year end subscription of 350 were owed by members and 450 had been paid in advance for the next year. How much was transferred to the income and expenditure account for subscription

A club received 32000 in subscription during the year. At the year end subscription of 350 were owed by members and 450 had been paid in advance for the next year. How much was transferred to the income and expenditure account for subscription

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter19: Corporations: Distributions Not In Complete Liquidation

Section: Chapter Questions

Problem 7BCRQ

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