Subscription in arrears are

Question 1 Report

Subscription in arrears are

Credited to the income and expenditure account and shown as a liability in the balance sheet

debited to the income and expenditure account and shown as an asset in the balance sheet

credited to the income and expenditure account and shown as a liability in the balance sheet

debited to the income and expenditure account and shown as a liability in the balance sheet

Accounts Of Not-for-profit Making Organizations

Nature And Significance Of Accounting

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