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Bombay Sports Club Financial Quiz 2023

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Questions and Answers

What is the total amount of receipts recorded for the Bombay sports club for the year ended 31 December 2023?

₹22,200 (correct)
₹23,000
₹21,500
₹20,000

Which of the following payments relates to the year 2022?

₹3,068 in stationery expenses
₹1300 in rent (correct)
₹5,330 in wages
₹3,900 for billiards table

What amount was recorded as unpaid subscriptions for 2023?

₹550
₹200
₹300
₹468 (correct)

Which payment item has the highest recorded amount in the payments section?

<p>Wages (D)</p> Signup and view all the answers

How much was the lockers rent that pertained to 2022?

<p>₹60 (C)</p> Signup and view all the answers

Flashcards

Receipts for 2023

Entrance fees, Subscription (2023), and other receipts for the year 2023.

Payments for Rent (2023)

₹5,200 paid as rent in the year 2023.

Outstanding Locker Rent

₹90 is still due for lockers rent in 2023.

Unpaid Subscriptions 2023

₹468 subscription amount hadn't been collected in 2023.

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Total Receipts & Payments (2023)

The total amounts received and paid were equal to ₹22,200 each.