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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Subscription due but not received for the current year is ____________. - Accountancy

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Question

Subscription due but not received for the current year is ____________.

Options

  • An asset

  • A liability

  • An expense

  • An item to be ignored

MCQ
Fill in the Blanks
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Solution

Subscription due but not received for the current year is An asset.

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Chapter 2: Accounts of not–for–profit organisation - Multiple choice questions [Page 70]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 2 Accounts of not–for–profit organisation
Multiple choice questions | Q I 7. | Page 70
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