Subscriptions owned by members of a club is a/an? by Sunday | Mar 21 | Accounting WAEC | 0 comments A. asset B. liability C. profit D. surplus Correct Answer: Option A A. asset Users Also Read These:Our once thriving High School Nature Club is now…The subscriptions received represent 80% of total…In the balance sheet of a social club, subscription…Subscriptions received in advance are?The equivalent of a club's Receipt and payment account is?