Question

donation received for conducting a health camp, is
i) income
ii) expenditure
iii) assets
iv) liability​

Answer 1

Answer:

income is answer plz mark brainlist

Answer 2

The correct answer is (i)

Explanation:

• The charitable donation is the kind of gift made through an individual or to an organization which is a non- profit organization or business.
• The charitable donations mostly are in the form of cash, but also can take the form of assets, real estate or services like for conduction blood donation camp and health camp.
• So, the donation which is made in order to conduct the health camp, will be considered as the income for the organization or business as this is received for some specific purpose and to be utilize for the same.

You can learn more from here about donation:

https://brainly.in/question/2292287

You can learn more from here about income:

https://brainly.in/question/11742711