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Question 17 of 48

Q.Give four examples for revenue receipts of Not-for-Profit organisation.

Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2020Subjective· 2mImportance★★★★★
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Revenue receipts of an NPO include subscriptions, general donations, interest on investments, and sale of old newspapers/sports materials.

Revenue receipts of a not-for-profit organisation are of a recurring nature and relate to the current year's activities; they are credited to the Income and Expenditure Account. Four examples:

  1. Annual subscriptions from members.
  2. General donations (small, recurring, not for a specific purpose).
  3. Interest or dividend on investments.
  4. Sale of old newspapers, grass, or old sports materials. …

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