LCCI Accounting Third Level-Accounting Questions on Clubs and Societies Accounts

Append below are five LCCI Accounting Third Level questions from 1995 to 2003 which are testing the candidates on non trading organization re: club & society accounts.

The accounting test questions on club & society typically asked are:

• Calculates the subscription rates, its breakeven point, comment whether subscription or bar pricess should be increase and
  
• Calculaes the accumulated Fund
  
• Prepare subscription accounts
• Prepare Bar Trading account,Income & Expenditure account and Balance Sheet

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