Accountancy, asked by kumarsarvesh8951, 1 year ago

Write a short note on life membership fees

Answers

Answered by riya584966
3

Life-membership:- It is a "once in a life", lump sum payment made by the members to the organisation in lieu of their monthly, quarterly or yearly fee or subscription. In simple words..... The definition of life membership in the dictionary is the fact or conditions of being a life member.

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