JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
  1. Home
  2. Accounting
  3. Ask a Question
  4. A club received the following life membership fee in each of his first two years...

A club received the following life membership fee in each of his first two years...

A club received the following life membership fee in each of his first two years year one 300,000 naira and year two 160,000 naira the club Princess to take credit for life membership fee in equal amounts over 10 years does that mean the amount to be transferred to income and expenditure account in year 2?
In Accounting
1 Answers Available
Asked by Temiloluwa on 15th July, 2024
JAMB CBT Software 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now
To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post an Answer

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now
{{ text }}

Answers ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}
Ask Your Own Question

Quick Questions

See More Accounting Questions
 
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!