Accountancy, asked by rawatmahendra140, 19 days ago

life member ship fee received by NPO is accounted as.

Answers

Answered by jitendrachaurasiya13

The amount received may be taken as capital receipt and credited to Life membership account which will be shown on the liabilities side of the balance sheet.

Previous Question

Next Question

Similar questions

Math, 9 days ago

5. Replace (*) by the smallest digit so that the number is divisible by 3. (a) 3*5 (b) 17* (c) 2*2 (d) *31...

Computer Science, 9 days ago

Madhu has made her Science project in MS Word, She has entered all the text in uppercase accidently and needs to make only the first letter of each sentence capital. Which option should she use to accomplish this task without typing the whole document again?

French, 9 days ago

2. Regardez l'image et répondez aux questions suivantes. u re DOM RYAN INTERNATIONAL SCHOOL- HOLIDAY HOMEWORK SESSION 1. Où sont les étudiants? 2. Où sont les livres des étudiants? 3. Où est le professeur ? 4. Est-ce que le tableau est devant les étudiants ? 5. Ou est le placard? 6. Est-ce que la fenêtre est à droite du tableau ? 7. Est-ce que le sac du professeur est sur la table ?

Math, 19 days ago

find the value of 0 by 30...

Business Studies, 19 days ago

The letter which promises frequent orders in future is included in...

Math, 7 months ago

-8/5 के दोगुने से 1 अधिक में से क्या घटाएँ कि मिले2/7 ?

Environmental Sciences, 7 months ago

analyse the apartheid of western countries with the caste system of India ...

Physics, 7 months ago

please help me pleaseeeeeeeeeee...

life member ship fee received by NPO is accounted as. ​

Answers

life member ship fee received by NPO is accounted as.