Use the following information to answer this question.Club building 400,000Subscription prepaid 3,000Sport kits 150,000Bar creditors 85,000Subscription owin...
Assessment:JAMB UTME - Principles of Accounts - 2015Subject:Financial Accounting
Use the following information to answer this question.Club building 400,000Subscription prepaid 3,000Sport kits 150,000Bar creditors 85,000Subscription owing 32,000What is the club’s total liabilities
Answer Details
i.e. creditors plus subscription in advance 85000 + 3000 = 88,000