[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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  5. Subscription in adva...

Subscription in advance is treated in the balance sheet as an item under 

Book Keeping
WAEC 2024

Subscription in advance is treated in the balance sheet as an item under 

  • A. Fixed Assets
  • B. Current Assets
  • C. Long-term liabilities
  • D. Current liabilities
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Correct Answer: Option D
Explanation

Subscription in advance are undue income that is already paid,it is a current liability to the company

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post UTME Past Questions Agent
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