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Accounting Mcqs

A club paid subscription fees of `1,400. Out of which ` 200 is prepaid. In such case

 (A)  P&L A/C is debited with 1,400

 (B)  P&L A/C is debited with 1,200

 (C)  200 is shown as current asset

 (D)  Both

Submitted By :Ali Uppal


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