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Give four examples for revenue receipts of the not-for-profit organisation.

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प्रश्न

Give four examples for revenue receipts of the not-for-profit organisation.

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उत्तर

  1. Subscription
  2. Interest on investment
  3. Interest on fixed deposit
  4. Sale of old sports material
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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Accounts of not–for–profit organisation - Very short answer questions [पृष्ठ ७०]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 2 Accounts of not–for–profit organisation
Very short answer questions | Q II 6. | पृष्ठ ७०

संबंधित प्रश्न

Write the word/phrase/term, which can substitute the following sentence.

The receipts which are not recurring in nature.


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Balance of receipts and payments account indicates the _________.


From the information given below, prepare the Receipts and Payments account of Coimbatore Cricket Club for the year ending 31st March, 2019.

Particulars Particulars
Bank overdraft (1.4.2018)   6,000 Honorarium paid 2,800
Cash in hand (1.4.2018)   1,000 Water and electricity charges 700
Wages paid for ground maintenance   2,000 Match expenses 2,600
Subscription received:     Sports material purchased 1,900
Previous year 500   Match fund receipts 5,200
Current year 9,600   Legacies received 2,000
Subsequent year 400 10,500 Cash balance (31.03.2019) 300
Wages yet to be paid   2,200 Donation received for pavilion 2,000
Interest on loan paid   2,000    

From the information given below, prepare the Receipts and Payments account of Madurai Mother Theresa Mahalir Mandram for the year ended 31st December, 2018.

Particulars Particulars
Cash balance as on 1.1.2018 2,000 Fire Insurance premium paid 1,500
Bank balance as on 1.1.2018 3,000 Subscription received 8,500
Sale of old newspapers 500 Furniture purchased 6,000
Stationery purchased 6,000 Purchase of newspapers 700
Audit fees paid 2,000 Depreciation on furniture 900
Entrance fees received 3,000 Cash balance as on 31.12.2018 2,500
Sundry charges 6,000 Conveyance paid 1,000
Scholarships given 2,000 Sale of furniture 4,000
Interest on investments 2,000    

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Payment of Honorarium of Secretary is a ______.


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Do you agree or disagree with the following statements:

All receipts are the items of revenue income.


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