Question
Suppose an NPO receives a donation of $10,000 from a
donor. The entry to record this transaction would be as follows?Solution
In accounting, credits represent the revenues or incomes earned by an organization, while debits represent the expenses or costs incurred by the organization. When a donation is received by an NPO, it is considered revenue or income for the organization, and therefore, it is recorded on the credit side of the income and expenditure account.
Sodium adsorption ratio is a measure of the amount of sodium (Na) relative to calcium (Ca) and magnesium (Mg) in the water extract. Which of the followi...
The grape variety "Sonaka" used for which purpose?
Agranal chloroplasts are found in _____
When was the Community Projects Administration established under the Planning Commission?
According to USDA classification of salt affected soils; a soil having EC >4 mmho/cm; ESP >15; pH>8.5 will be called asÂ
An acute or chronic inflammation of the mammary gland caused by physical, chemical and biological agents chiefly of bovines usually affecting the secret...
In the context of wind erosion, which phase involves particles bouncing along the ground surface?
Which of the following describes a frameshift mutation?
White leghorn is a poultry breed famous for
A hermaphrodite flower isÂ
