1.
Which of the following statements is not true for Receipts and Payments Account?
2.
Surplus of Not-for-Profit organisation is distributed among the members
3.
Income and Expenditure Account records:
4.
Title of the account which shows Surplus/Deficit of NPO is
5.
Which of the following is not a capital receipt?
6.
Not-for-Profit Organizations prepare
7.
Life Membership Fee received by NPO is accounted as
9.
Legacy Donation received by NPO to be used for specific purpose is accounted as
10.
The account which shows classified summary of transactions of a ‘Cash Book’ in a Not-for-Profit Organisation is called
