Any donation received for a specific purpose is
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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....
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
1
any donation received for a special purpose is specific donation.
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