Question: Membership Dues on treasurer's report
At the end of the school year, our PTSA collected membership dues but did not send in the State or National dues yet. I am creating May's treasurer report (TR). What is the proper way to treat Membership income on the TR before the new officers send the appropriate dues to our state?
Asked by Anonymous
Advice from PTO TodayCraig writes:
Enter the entire amount of the membership dues collected as income and the amount owed to state and national as liabilities.
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