Accountancy, asked by Rubi3854, 5 months ago

Subscription received by an organisation is?

Answers

Answered by gocommerce
0

Answer:

its income

Explanation:

subscription is the fee charged by the organisation from individuals to become its member or avail the services of the organisation..it is its income

Answered by Anonymous
0

It is the income.

  • It is a non-profit organization's main source of revenue. It is normally received from all ordinary members once a month.
  • The fee charged by members to keep their membership active is referred to as a subscription.
  • Subscription payments are considered sales receipts and are the signed agreements between the two parties.
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