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Subscription written off what should be the entry ?and any impact in Receipt and Payment account

Nalin kumar

CA Final

★ 445

11-Apr-20 10:29

442

Answers (1)

It will not have an impact in Receipts and Payments account. If subscription receivable is written off, Income and Expenditure account is debited.

CA Suraj Lakhotia

Admin

11-Apr-20 10:52

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