Treatment of membership fees and entrance fee

Accountancy

If nothing is specified in the question how should we treat membership fee and entrance fee in npo?

MATURU HAMSA GAYATRI

CA Final

★ 23K+

23-Jul-21 12:57

565

Answers (1)

You mean whether income or not? You can show in Income and Expenditure and put a note.

Sahibdeep Singh

CA Inter

★ 14K+

24-Jul-21 12:37