Not for profit Organization

DETAILED ANALYSIS

Section	Questions	Marks
A	1-13	1
A	14	3
A	15-18	4
A	19,20	6
A	21,22	8
B	23-29	1
B	30	3
B	31	4
B	32	6

Not for Profit Organizations

Not-for-Profit Organisations refer to the organisations that are for used for the welfare of the society and are set up as charitable institutions which function without any profit motive. Their main aim is to provide service to a specific group or the public at large.

BOOKS OF ACCOUNTS MAINTAINED

IN A PROFIT MAKING ENTITY-