The amount of lsquo Subscription received from members rsquo by a Non profit organi sation is shown ......

Accountancy ( 12th) Accounting for Not-for-Profit Organisation Add to Study Deck

The amount of ‘Subscription received from members’ by a Non-profit organi sation is shown in which of the following?

Debit side of Income and Expenditure Account

Credit side of Income and Expenditure Account

Liability side of Balance Sheet

Assets side of Balance Sheet

Explanation:

Credit side of Income and Expenditure Account

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