AdminHelpdice Team30 May, 2024Subscription received in advance during the current year isan income.an asset.a liability.None of these.Check AnswerRelated MCQ's Income and Expenditure Account reveals...8 min agoTitle of the account which shows Surplus/Deficit of NPO is...8 min agoSalaries paid during the year ended 31st March, 2020 is Rs. 36,000. Salaries paid in advance at the end of previous...8 min agoReceipts and payments account makes no difference between...8 min agoStock of medicines on 1.4.18 were Rs.5000. Medicines purchased during the year is Rs.5000. Medicines sold during th...8 min agoFurniture (Book value) Rs.5,000 were sold for Rs. 4,500. New Furniture worth Rs.10,000 were purchased during the ye...8 min agoSubscription outstanding for the year 2018-19 is Rs.2500. Subscription outstanding for the year 2017-18 was Rs.5000...8 min agoIf Income is Rs.16,000 and deficit debited to Capital Fund is Rs.4,300 then Expenditure is...8 min agoIncome and Expenditure Account is based on...8 min agoWhich of the following is an example of not-profit-organisation...8 min ago
