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


Nalin   kumar

Nalin kumar

CA Inter

445

11-Apr-20 10:29

51

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.


Suraj Lakhotia

Suraj Lakhotia

Admin

11-Apr-20 10:52

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