Accountancy, asked by tejaswinidas6972, 1 year ago

Any donation received for a specific purpose is

Answers

Answered by sachinarora2001
6
Any donation received for a special purpose is special donation. It is the revenue for the non- profit organisations.

There are mainly two types of donations..
1) General donation

2) special donation

Special donation is used for special purpose and general is used for routine works..

Special donation is recorded in income and expenditure account only on expense side ie debit side....
Answered by samar1554
1
any donation received for a special purpose is specific donation.
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