In a non profit organizations cashbook shows________ in its debit side
A) Assets
B) Liabilities
C) Receipts
D) Payment
Correct Answer:
Verified
Q5: Educational institutions are
A)Profit organizations
B)Non profit organizations
C)Wealth organization
D)Social
Q6: Non profit organizations trial balance shows
A)Debit
B)Credit
C)Equal balance
D)Suspense
Q7: Receipts and payment accounts, I & E
Q8: Purchase of assets are entered in nonprofit
Q9: Receipts and payment account is a _
Q11: Receipts and payment account begins with opening
Q12: Receipts and payment accounts includes all receipts
Q13: Receipts and payment accounts records all receipts
Q14: While preparing the final a accounts of
Q15: What does the balance of income and
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