Subscription in advance is treated in the balance sheet of a club as

Accounts - Principles of Accounts WAEC 1992

Subscription in advance is treated in the balance sheet of a club as

  • current liability checkmark
  • current asset
  • fixed asset
  • fictitious asset
  • intangible asset

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment