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can anyone help me with understanding the language pertaining to calculation of subscriptions..also are there any tricks to check whether the answer is correct or not???

Posted by Devika Rajesh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Pretty Girl 6 years, 10 months ago

when we make income and expenditure account the subscription for the current year is to be taken in which only outstanding subscription for previous year is to be added and rest will less from it... at the time of balance sheet advance subscription is to be shown at the credit side..

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