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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 47: Single Entry System and Profit Calculation
  5. Question
    Donations Received for a Special Purpose Will Be Taken to the
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Donations Received for a Special Purpose Will Be Taken to the

Question 1

Question 1

Multiple Choice

Donations received for a special purpose will be taken to the


A) Income and Expenditure A/c
B) Assets side of the B/S
C) Liabilities side of the B/S
D) None of the above

Correct Answer:

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