HOW TO PREPARE SUBSCRIPTION ACCOUNT (QUESTION AND ANSWER)
Автор: RAD Academy
Загружено: 2025-07-07
Просмотров: 279
Learn how to prepare a Subscription Account step by step!
In this video, we explain how to record income and expenses for clubs and societies using the subscription account. Whether you’re a student or bookkeeping beginner, this lesson breaks down:
✅ Subscription in arrears and in advance
✅ Adjustments for opening and closing balances
✅ Income & Expenditure vs. Receipts & Payments
✅ Example entries with explanations
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#SubscriptionAccount #AccountingBasics #Bookkeeping #ClubAccounts
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