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Subscription Logic Challenge

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Test your understanding of NGO income calculations.

Created by

poa
poa
Pakistan

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Subscription Logic Challenge
 

Subscription Logic ChallengeOnline version

Test your understanding of NGO income calculations.

by poa
1

In Simple Accrual, cash received 5000 and 500 is still owed. What is the total income?

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2

In Simple Prepayment, 8000 cash received with 1000 for next year. What is the actual income?

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3

In Arrears Adjustment, cash received 12000; start arrears were 2000. Current year income?

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4

Opening Prepayment: cash 6000; 500 prepaid last year. Total income?

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5

The Full Formula: Received 10000; add closing arrears 1000; subtract closing prepayments 1500. What is income?

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6

Accumulated Fund: Total assets 60000, liabilities 15000. Fund balance?

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7

If closing arrears are added in income calculation, which scenario uses this amount?

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8

Which figure represents income in Simple Accrual after considering owed amounts?

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9

In Opening Prepayment, which item reduces income to reflect prior prepayments?

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10

Which value is the fund balance for the NGO scenario provided?

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