The amount of Subscription received from members by a Not-for Profit Organisation is shown in which of the following:

Liability side of Balance Sheet

Debit side of Income and Expenditure Account

Credit side of Income and Expenditure Account

The amount of Subscription received from members by a Not-for Profit

1.	The amount of Subscription received from members by a Not-for Profit Organisation is shown in which of the following:
A.	Debit side of Income and Expenditure Account
B.	Credit side of Income and Expenditure Account
C.	Liability side of Balance Sheet
D.	Assets side of Balance Sheet
Answer» C. Liability side of Balance Sheet