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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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Josephine
5 days 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
10 days 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
15 days 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
20 days 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
26 days 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
1 month 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
1 month 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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