explanation on membership

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puja (Querist)
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19 July 2011 can membership fees recd from cricket club be treated as deposits under head deposit on asset side pjs explain the term

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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19 July 2011 Please clarify the query. It is not clear. For what purpose the cricket club has paid the membership fees and to whom?

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