how to prepare subscription account in npo?
Answers
Answer:
i am in 11th
Andhrapradesh
my name is Maha.,.
U....
Step-by-step explanation:
Chromosomes are thread-like structures located inside the nucleus of animal and plant cells. Each chromosome is made of protein and a single molecule of deoxyribonucleic acid (DNA). Passed from parents to offspring, DNA contains the specific instructions that make each type of living creature unique.
Step-by-step explanation:
Subscriptions
It is the amount that a member pays every year as the membership fees to the organization. These are the revenue receipts and also the major source of income. These are recognized based on the accrual concept.
Though the non-profit organizations do not trade in goods or provide services with a profit motive, they also need to keep proper records of incomes, expenses, assets, and liabilities.
They need to keep proper books due to their accountability towards the members and the contributors and also because the requirements of law so that the government can keep proper control over the grants.
These organizations maintain Capital Fund or General Fund A/c. They credit this account with the surplus, life membership fees, donations, legacies, etc.