Accountancy, asked by tapudutta, 1 year ago

is 'entrance fees' a expense or income?

Answers

Answered by Anonymous
4

Entrance Fees is an income for a Not-For Profit Organisation.

Major income for a Not - for - Profit Organisation comes in the form of Entrance fees.

Ex : Sports Club receives income in the form of Entrance fees.


tapudutta: thank u
Answered by kingothapa123
3

it is expense because  the cash is going ....


tapudutta: ohh..thank u
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