Question Text
Question 1 :
Taking all ______ assets with additions after charging depreciation and showing them on the assets side is one step adopted in preparation of balance sheet.
Question 4 :
The affairs of the not-for-profit organisations are usually managed by a managing/executive committee elected by its _______.
Question 6 :
Which of the following is generally considered as a non-profit oriented organization ?
Question 11 :
If an organisation has followed the _______ entry system they must prepare a trial balance for checking the accuracy of the ledger accounts.
Question 12 :
Not-for-Profit organisations refer to the organisations that are used for the welfare of the _________ and are set up as charitable institutions which function without any profit motive.
Question 13 :
 The organisations which are set up for providing service are called as _____.
Question 14 :
Which one of the following concepts is used as fund in the preparation of Funds Flow Statements?
Question 19 :
In Income and Expenditure account all Expenditure are recorded on ______________.
Question 21 :
Income and Expenditure account is ______ to account like Profit and Loss account.
Question 23 :
Subscription amounting to Rs. 7,500 appear on the credit side of income and expenditure account after adjusting subscriptions out standing Rs. 600 and subscriptions received in advance Rs. 450. The amount of subscriptions to be shown in the receipts and payments account for the same year will be.