Accounting 0452 · IGCSE · Clubs and societies

Clubs and societies — practice question

In a receipts and payments account, how is the recording of subscriptions received and subscriptions written off carried out?

  • Asubscriptions received: as a credit; subscriptions written off: as a debit
  • Bsubscriptions received: as a credit; subscriptions written off: no entry made
  • Csubscriptions received: as a debit; subscriptions written off: as a credit
  • Dsubscriptions received: as a debit; subscriptions written off: no entry made

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