FS of Non Profi...

Rs.10,000 received as the annual membership subscription. Out of this, Rs.2000 is pertaining to the previous accounting period whereas Rs.1000 is receivable at the end of the current accounting period. Calculate the amount of subscription that will be shown in the income and expenditure account for this accounting

On the basis of the following information, calculate the amount of stationery to be debited Income and Expenditure Account for the year on March 31, 2011. Calculate amount of stationery used during 2010-2011

Receipts and Payments account is a :

Calculate the sports material to be debited to Income & Expenditure a/c. For the yr. ended 31-3-2007 on the basis of the following information. Amount paid for sports material during the yr. was Rs.19, 000

During the current year, the Finn Foundation, a nongovernmental not-for-profit organization, received a Rs.1,000,000 permanent endowment from Chris. Chris stipulated that the income must be used to provide recreational activities for the elderly. The endowment reported income of Rs.80,000 in the current year. What amount of permanently restricted contribution revenue should Finn report at the end of the current year?

Outstanding subscription in the beginning 6,000 and at the end of the year 4,000. Advance subscription in the beginning 2,500 and at the end 3,000. Subscription received during the year 15,000. Subscription income for the year is

According to which concept Stock valued at Cost or Market Price whichever is less.

A nongovernmental not-for-profit organization received a Rs.2 000000 gift from a donor who specified it be used to create an endowment fund that would be invested in perpetuity. The income from the fund is to be used to support a specific program in the second year and beyond. An investment purchased with the gift earned Rs.40,000 during the first year. At the end of the first year, the fair value of the investment was Rs.2,010,000. What is the net effect on temporarily restricted net assets at year end?

Out of these, which account is prepared by the non-trading institution :

Items shown in the income and expenditure account are:

Subscription outstanding at the end of the current year is shown:

The income and expenditure account generally shows:

Tournament fund, tournament expense, tournament incomes are shown in:

Amount of Contingent liabilities is shown in :

A non-profit organization received Rs.10,000 as the entrance fee of a new member. If 20% of the fee has to be capitalized, what is the amount of fee needs to be shown in the income and expenditure account?

Fina Museum, a nongovernmental not-for-profit organization, had the following balances in its statement of functional expenses: Education Rs.300,000, Fundraising Rs.250,000, Management and general Rs.200,000, Research Rs.50,000 what amount should Fina report as expenses for support services?

From the following calculate the subscription for the current year:

Outstanding Subscription 1.1.2012: Rs.9500, Outstanding Subscription on 31.12.2012: Rs.10000, Subscription received in advance on 1.1.2012: Rs.6200, Subscription received in advance 31.12.2012: Rs.8700, Subscription received during the year 2012 Rs.2, 50,000

The receipts and payments account generally shows

Wages paid in advance, if given in Trial Balance will be shown in :

Nature of all outstanding expenses is:

Calculate the amount of subscription to be credited to Income & Expenditure a/c for the yr. 2007-08- Subscription received during 2007-08 - Rs.50,000, Subscription outstanding on 31-3-08 8,000, Subscription outstanding on 1-04-07 - Rs. 6,000

Where will you show the Employer's Contribution to Provident Fund (P.F)?

Ascertain the amount of salary chargeable to Income & Expenditure A/c for 2006-07 Rs- Total salaries paid in 2006-07: Rs.10,200, prepaid salaries on 31-3-2006: Rs.1,200, Prepaid salaries on 31-3-2007: Rs. 600, Outstanding salaries on 31-3-2006: Rs.900, Outstanding salaries on 31-3-2007: Rs.750

Stock of stationery in the beginning 1,000 and at end 600. Amount paid for stationery during the year 1500. What amount will be shown in income and expenditure account.

Specific donations are: