Any donation received for a specific purpose should be credited to

Related MCQs

• Any income arising from special fund will be credited to
• There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?
• Goods taken from business for personal use by the proprietor should be credited to
• A withdrawal of cash from business by the proprietor should be credited to
• A withdrawal of cash from the business by the proprietor should be Credited to:
• There are 100 members each p aying an annual subscription of 500. The Receipt and Payment account shows arrear subscription of 4,500, advance subscriptions 6,000 and current 44,500. How much amount to be credited in the Income and Expenditure account?
• At the time of dishonor of an endorsed bill, which account would be credited by the drawee?
• If unsold goods costing 20,000 is taken over by venturer at 15,000, the joint venture account will be credited by
• The abnormal loss on consignment is credited to:
• Subscription received in advance to be shown in