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CIMAPRA17-BA3-1 Exam - Topic 3 Question 121 Discussion

The Subscriptions Receivable account of a club commenced the year with subscriptions in arrears of 250 and subscriptions in advance of 375.During the year 62,250 was received in subscriptions, including 200 of the arrears, and 600 for next year's subscriptions. Subscriptions still owing at the end of the year amounted to 180.The amount to be taken to the Income and Expenditure for the year is
A) 61953

CIMAPRA17-BA3-1 Exam - Topic 3 Question 121 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 121
Topic #: 3
[All CIMAPRA17-BA3-1 Questions]

The Subscriptions Receivable account of a club commenced the year with subscriptions in arrears of 250 and subscriptions in advance of 375.

During the year 62,250 was received in subscriptions, including 200 of the arrears, and 600 for next year's subscriptions. Subscriptions still owing at the end of the year amounted to 180.

The amount to be taken to the Income and Expenditure for the year is

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Suggested Answer: A

by Nathalie at Jan 26, 2026, 01:00 AM

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Yolande
I think it’s about calculating net subscriptions.
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Brice
2 months ago
This question is tricky.
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Alesia
2 months ago
Sounds off, how can they have both arrears and advance subscriptions?
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Carey
2 months ago
Don't forget the 600 for next year's subscriptions!
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Leota
2 months ago
Wait, so they still owe 180 at year-end?
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Maybelle
2 months ago
Agreed, and they received 62,250 this year.
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Deeanna
2 months ago
Subscriptions in arrears started at 250.
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Desire
3 months ago
Is it just me, or does anyone else feel like they're back in their high school math class? Time to put on my thinking cap.
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Alica
3 months ago
Haha, I bet the answer is something like 61,630. These accounting questions always have a catch, but I think I got it!
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Royal
3 months ago
Wait, what about the 250 in arrears and the 375 in advance? Gotta factor those in too, right? This is tricky.
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Franklyn
3 months ago
Hmm, let's see... 62,250 received, minus 200 of the arrears, and 600 for next year's subscriptions. That leaves 61,450. Add the 180 still owing, and you get 61,630. Seems straightforward enough.
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Jenelle
3 months ago
The amount to be taken to the Income and Expenditure for the year is 62,230.
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Phyliss
3 months ago
I feel like we might have to add the subscriptions still owing at the end to the total received, but I’m not completely confident about the order of operations here.
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Josephine
4 months ago
If I recall correctly, we should also consider the subscriptions in advance when calculating the income for the year. It’s tricky!
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Margret
4 months ago
I remember a similar question where we had to adjust for subscriptions in arrears. We might need to subtract the ending arrears from the total received.
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Terina
5 months ago
I think we need to calculate the total subscriptions earned during the year, but I'm not sure how to account for the arrears and advance subscriptions.
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Tora
5 months ago
Okay, I've got this. We start with the opening balances, add the receipts, subtract the arrears and advance payments, and that gives us the total subscriptions for the year. Easy peasy!
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William
5 months ago
Ugh, I hate these subscription questions. There are so many moving parts to keep track of. I'm going to have to read through this a few times to make sure I understand what's going on before I start calculating anything.
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Dana
5 months ago
Hmm, this looks like a classic subscriptions receivable question. I think I've got the process down, but I'll need to be careful with all the numbers and make sure I don't miss anything.
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Delbert
5 months ago
Okay, let's see. We need to figure out the total subscriptions for the year, then subtract any arrears or advance payments to get the amount to be taken to the Income and Expenditure account. Shouldn't be too tricky if I break it down step-by-step.
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