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Subscription received in advance by a club are shown (a) In the credit side of the income and expenditure account (b) In the asset side of the balance sheet (c) In the liabilities side of the balance sheet (d) None of the above
Subscription received in advance by a club are shown (a) In the credit side of the income and expenditure account (b) In the asset side of the balance sheet (c) In the liabilities side of the balance sheet (d) None of the above
(c) In the liabilities side of the balance sheet