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प्रश्न
Complete the following sentence.
"______ donations are to be utilized to promote the general purpose of the organization".
विकल्प
Specific Donations
General Donations
Both
None of these
MCQ
रिक्त स्थान भरें
उत्तर
"General Donations donations are to be utilized to promote the general purpose of the organization".
Explanation:
Such contributions will be used to further the organization's overall mission. These are classified as revenue receipts since they represent a consistent source of income, so they are added to the income side of the current year's Income and Expenditure Account.
shaalaa.com
Receipts and Payments Account
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