Yola Social Club

Statement of Account 1998 financial year

31/12/98:

Subscription in arrears N21,000

Subscription in advance N12,000

Receipt during 1999:

Arrears 1998 N21,000

Dues 1999 N48,000

Advance 2000 N11,000

The subscription transferable to the income and expenditure account is?

• A N48,000
• B N59,000
• C N60,000
• D N69,000