Entrance fees, unless otherwise stated, is treated as: Sol:

Related MCQs

• Entrance fee, unless otherwise stated, is treated as—
• The fees are collected only once at the time of admission of a member, hence Entrance Fees should be treated as 'Revenue Receipt'.
• Unless otherwise stated, a preference share is always deemed to be :
• The amount of Entrance Fees received regularly by a Not-for Profit Organisation is shown in which of the following:
• Entrance fees are generally
• Life membership fees received by a club is treated as
• Life Membership Fees received by a club is shown in : Sol:
• All receipts from sale of consumable items are treated as: Sol:
• Payment of honorarium to secretary is treated as : Sol:
• Legacies should be treated as Sol: