Question

Name any 2 books of accounts maintained by Not-for-profit organization?​

Answer 1

❤ GOOD EVENING PRINCESS ❤

Financial Statements maintained by Not-for-Profit organisations –

• Receipt and Payment Account – The Receipt and Payment account is a summarised form of Cash Book. ...

• Income and Expenditure Account – It is similar to a Profit and Loss Account...

⛄❤_ TAKE CARE PRINCESS _❤⛄

Answer 2

Answer:

Revenue expenditure refers to those expenditures which are incurred during normal business operation by the company, benefit of which will be received in the same period and the example of which includes rent expenses, utility expenses, salary expenses, insurance expenses, commission expenses, manufacturing expenses, ...

Explanation:

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