Accountancy, asked by Kran2851, 8 months ago

Lockers Rent is what for Not for Profit concern

Answers

Answered by namandeepsingh005
0

Answer:

for providing such a facility they charge a sum of money is known as Locker rent. Therefore it is revenue income for not profit organisation and it appears to Credit side of Income and Expenditure Account. Lockers Rent is a REVENUE INCOME for Not Profit Organisation

Explanation:

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