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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
739
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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