- Messages
- 12
- Reaction score
- 3
- Points
- 3
can anyone tell me why the answer is C according to cambridge
The journal entry ‘Debit Subscription Income, Credit Creditors’ was made in the accounting
records of a club.
What does this represent?
A subscriptions owed by members
B subscriptions received by cheque
C subscriptions received in advance
D subscriptions refunded to members
The journal entry ‘Debit Subscription Income, Credit Creditors’ was made in the accounting
records of a club.
What does this represent?
A subscriptions owed by members
B subscriptions received by cheque
C subscriptions received in advance
D subscriptions refunded to members