The opening balance of Prize Fund was 32,800.
During the year, donations reoeived towards this
fund amounted to 15,400; amount spent on
prizes was 712,300 and interest received on prize
fund investment was £4,000. The closing balance
of Prize Fund will be :
a) 56500
b) 64500
c) 39900
d) 31900
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Answer:
I think the a) is the answer
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