The opening stock of raw material is ₹40,000 while the closing stock of raw material is ₹60,000 and material consumed during the financial year is of ₹1,90,000. Calculate the amount of material purchased during the current year.

Libraries run by charitable trusts are an example of

The main source of revenue for 'not for profit' organisation is:

Select the amount of salary to be shown in Income and Expenditure Account at the end of current accounting year of a Not -for-Profit Organisation. Salary paid during the current accounting year is ₹26,000, which includes two months salary of previous year and one month salary of current year’ is still outstanding.

The opening stock of raw material is ₹40,000 while the closing stock of raw material is ₹60,000 and material consumed during the financial year is of ₹1,90,000. Calculate the amount of material purchased during the current year.

Excellent Sports Club received subscription of ₹4,70,000 during the year 2022-23. The following information was available:

Calculate subscription income for the year ended on March 31, 2023.

Select the item that does not appear in the Receipt and Payment account of a Not-for-Profit Organisation.

Identify which of the following is prepared on accrual basis:

Identify, which one of the following will be posted in the Income and Expenditure Account?

The income arising from bequest or gifts used for specific purpose is termed as____.

Match List -I with List – IL



Choose the correct answer from the options given below :