Multiple Choice Questions on The amount received for sale of old sports materials by a Non profit organisation is shown in which ........... for Commerce 12th Preparation

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Multiple Choice Questions

The amount received for sale of old sports materials by a Non profit organisation is shown in which ...........

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    The amount received for sale of old sports materials by a Non-profit organisation is shown in which of the following?

    Debit side of Income and Expenditure Account

    Incorrect Answer

    Liability side of Balance Sheet

    Incorrect Answer

    Credit side of Income and Expenditure Account

    Correct Answer

    Assets side of Balance Sheet

    Incorrect Answer
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    Explanation:

    Credit side of Income and Expenditure Account

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