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What is the treatment of still …

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What is the treatment of still in arrear subscription in NPO

    • Posted by Shivam Nigam 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Shivam Nigam 6 years, 10 months ago

    I mean to say treatment of still in arrear subscription in income and expenditure account

    0Thank You

    Roma Yadav 6 years, 10 months ago

    If subcription arrear is of current year ...then the subscription is asset for firm so it is shown on asset side of balance sheet

    0Thank You

    Shweta Aggarwal 6 years, 10 months ago

    It is shown as assets side of balance sheet

    0Thank You

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