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Discuss the accounting treatment for the life membership

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Reference no: EM132970632

Problem 1: Discuss the accounting treatment for the life membership fee received and the amount of RM200,000 received from the funfair to buy additional sports equipment.

Reference no: EM132970632

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Discuss the accounting treatment for the life membership : Discuss the accounting treatment for the life membership fee received and the amount of RM200,000 received from the funfair to buy additional sports equipment.
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