Q
A club paid subscription fees of `1,400. Out of which ` 200 is prepaid. In such case
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A
A. P&l a/c is debited with 1,400
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B
B. P&l a/c is debited with 1,200
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C
C. 200 is shown as current asset
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D
D. Both b. and c. above
Correct Answer:
D. D. Both b. and c. above