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Commerce · Q1417

Accounting

Graduate and Post Graduate · Commerce · question 1417

Q1417

Which of the following items will not appear in the Balance Sheet of a club:

A.
Subscriptions received for the next year
B.
Subscriptions received for the current year
Answer
C.
Subscriptions not received for the current year
D.
Outstanding salary

Answer: Option B

Solution

Answer: Option B
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