Subscription in arrears are
...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
Correct answer is B
No explanation has been provided for this answer.
The value of the sales ledger control account is derived from the summation of the ...
Manufacturing account is prepared to ascertain ...
Which of the following source documents is used for recording goods and returned to suppliers? ...
Subscriptions owed by members of a club is a/an ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
In manufacturing account, the work-in-progress at the end of the year is ...
Which of the following is not true of revenue expenditure? i. It is incurred in one period of...