The receipts and payments account of a nonprofit organisation is a __________

Which of the following is generally considered as a non profit organisation?

Capital fund also called as ___________

If the donation is received without any specific condition, then it is a __________

Charitable institutions and educational institutions are the examples of ___________

Some organisations are established for the purpose of rending services to the public without __________

In non - profit organization, the sale of old newspapers is generally considered as an __________

The amount or property received by a non - profit organization as stated by the will of a decreased person is commonly referred to as ___________

On what basis the receipts and payments account is prepared?

Income and Expenditure accounts show

Rs. 10,000 received as to annual membership subscription. Out of this Rs. 2,000 is pertaining to the previous accounting period whereas Rs. 1000 is receivable at the end of the current accounting period. Calculate the amount of subscription that will be shown in the income and expenditure account for this accounting.

Subscription received but not yet earned is considered as a /an _____________

Which of the following is to be recorded in an income and expenditure account?

Income and Expenditure account is based on _________

An advance receipt of subscription from a member of the non - profit organization is considered as alan __________