Accountancy, asked by luvsangha, 11 months ago

chapter Accountancy not for profit organisation​

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Answered by Anonymous
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Accounting for Non-Profit Organisations

As we know that the not-for-profit organisations do not trade in goods or provide services with a profit motive. But, they also require to keep proper records of incomes, expenses, assets, and liabilities. Their major source of income is donations, subscriptions, grants, etc.

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