wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Outstanding subscription is a/an-


A

Income

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Asset

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Liability

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Asset


Outstanding subscription is an asset for an NPO as it is receivable from its members.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Accounting Treatment - I
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon