Financial Accounting
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Q 1. The primary motive of Charitable Trust organizations is to provide……………………. Sol:
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Q 2. The not for profit concerns prohibit the payment of any ………………………to their
members
Sol:
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Q 3. Not-for-profit organisations are based on…………………………theory. Sol:
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Q 4. Subscription received by an organisation is: Sol:
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Q 5. Which of the following is not an income ? Sol:
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Q 6. Subscriptions received in advance by a club are shown on……………..of the Balance
Sheet
Sol:
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Q 7. Which of the following is not a not-for-profit organisation ? Sol:
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Q 8. All items of revenue in nature are shown in: Sol:
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Q 9. All receipts of capital nature are shown in : Sol:
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