A business pays a monthly subscription of R850 per debit order, for TV channels that...

90.2K

Verified Solution

Question

Accounting

A business pays a monthly subscription of R850 per debit order, for TV channels that will keep its customers entertained as they wait for service. It pays the monthly subscription at the end of the month. The business is NOT registered as a VAT vendor. How should the monthly subscription be recorded by the business for September 2021

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students