find the old one and give reason
subscription, admission fees, locker rent, life membership fee
Answers
Answered by
7
Answer:
the odd one is subscription
Explanation:
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Answered by
0
Answer:
Admission fees is the odd one.
Explanation:
- The amount of money members pay on a regular basis to maintain their membership with the organization is referred to as a subscription. The members contribute either monthly, quarterly, half-yearly, or annually.
- They offer their members access to lockers where they may store their garments and other valuables. They demand a fee known as "locker rent" in exchange for offering such a service. As a result, it displays on the credit side of the Income & Expenditure Account since it represents a revenue income for the NPO.
- Life membership dues are listed on the liabilities side of the balance sheet as a capital receipt. Members must make a one-time payment known as life membership dues in order to join a group.
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