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Part B Cyberjaya Football Club, a local football club in Cyberjaya charges its members an annual subscription of RM50 per member. It accrues for subscriptions
Part B Cyberjaya Football Club, a local football club in Cyberjaya charges its members an annual subscription of RM50 per member. It accrues for subscriptions owing at the end of each year and also adjusts for subscriptions received in advance. The following info related to the club's subscription accounts: 1. On 1 January 2020, 35 members had not yet paid their subscriptions for year 2019. 2. In December 2019, 10 members paid RM50 each for year 2020. 3. During the year 2020, it received RM4,500 in cash for subscriptions: Year (RM) 2019 1,750 2020 2,000 2021 4,500 4. At 31 December 2020, 12 members had not paid their 2020 subscriptions Required: Prepare the Subscriptions account for the year 2020 for Cyberjaya Football Club. (10 marks) 750
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