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:Subscriptions received in advance are?Subscription in advance is treated in the balance…Subscriptions in arrears is treated in the balance…In the balance sheet of a social club, subscription…The capital sum which represents the difference…