On 1 January 204 the accumulated fund of a club amounted to $14,240. The only item of
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On 1 January 20–4 the accumulated fund of a club amounted to $14,240. The only item of income during the year was subscriptions of $9,500. The expenses for the year included running costs of $9,360 and deprecation of $830. How much was the accumulated fund on 1 January 20–5?
A. $13,550
B. $14,100
C. $14,380
D. $14,930
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A 13550 To calculate the accumulated fund on 1 January 205 we can use the f...View the full answer
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Related Book For 
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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