Youngsters Club has a membership of 115 persons. Each member pays an annual subscription of…

Youngsters Club has a membership of 115 persons. Each member pays an annual subscription of ₦50. During the year ended 31st December 2005, 8 members had not paid their subscriptions. using the information, the subscriptions recorded in the income ans expenditure account for the year ended 31st December 2005 is
  • A.
    ₦5,750
  • B.
    ₦5,350
  • C.
    ₦400
  • D.
    ₦115
Correct Answer: Option A
Explanation
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