Donation received for a special purpose: - Study24x7
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Chirag Singhal
10 May 2023 10:46 AM study24x7 study24x7

Donation received for a special purpose:

A

Should be credited to a separate account and shown in the Balance Sheet.

B

Should be shown on the Assets side of the Balance Sheet.

C

Should be credited to Income and Expenditure A/c.

D

None of the options are correct.

Class 12 (Com) Class 11 (Com)
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  • Chirag Singhal
    • option a
    Like
    Reply 10 May 2023 11:07 AM
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