ACCOUNTING

JAMB 2004 - Question 31

Account 2004 JAMB Past Questions - Question 31: In the balance sheet of a not-for-profit-making organization, subscription paid in advance is regarded as a

Choose the most appropriate option for the gap .
In the balance sheet of a not-for-profit-making organization, subscription paid in advance is regarded as a
A:
B:
C:
D:
Examkits App

Examkit's JAMB CBT App

Practice JAMB offline with our Online, PC and Mobile App

  • ✅ 25+ years of past questions (2000 to 2025)
  • ✅ Video solutions and explanation to questions
  • ✅ E-library
  • ✅ Study by topic
  • ✅ And more.

Correct Answer

B

Explanation