Use the following information to answer the question that follows Receipt and payments: 31st December 2016 Cash at bank------460 New equipment------200 Subs...

Assessment: WAEC SSCE - Financial Accounting - 2018 (Objective) Subject: Financial Accounting

Question 1 Report

Use the following information to answer the question that follows

Receipt and payments: 31st December 2016

Cash at bank------460 New equipment------200
Subscriptions-----520 Cleaner's wage-----540
Donations--------- 500 Stationary----------- 140
Sale of stickers---490 Cash at bank--------110
Entrance fee------670

The total income received for the year is...........

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