Non-trading concern prepare
A) Receipts and Payments A/c
B) Balance Sheet
C) Income and Expenditure A/c
D) All of the above
Correct Answer:
Verified
Q39: Donation received for a special purpose:
A)Should be
Q40: The amount of Entrance Fees received regularly
Q41: Out of the following items, which one
Q42: Receipts and Payments Account is a:
A)Personal Account
B)Real
Q43: Donations received for a special purpose will
Q45: Receipts and Payments Account of non-trading concerns
Q46: Income and Expenditure Account is prepared in
Q47: General donations of relatively large amount is
Q48: The Income and expenditure account begins with
A)Debit
Q49: The receipts and Payments account records receipts
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