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When cash is received for lifemembership, which one of the following double entries is passed?a)Life membership debit and cash creditb)Cash debit and capital creditc)Investment debit and cash creditd)Cash Debit and life membership fund creditCorrect answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared
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When cash is received for lifemembership, which one of the following double entries is passed?a)Life membership debit and cash creditb)Cash debit and capital creditc)Investment debit and cash creditd)Cash Debit and life membership fund creditCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for When cash is received for lifemembership, which one of the following double entries is passed?a)Life membership debit and cash creditb)Cash debit and capital creditc)Investment debit and cash creditd)Cash Debit and life membership fund creditCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of When cash is received for lifemembership, which one of the following double entries is passed?a)Life membership debit and cash creditb)Cash debit and capital creditc)Investment debit and cash creditd)Cash Debit and life membership fund creditCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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