one of the options below is not the source of income for non- profit organization

Home » Past Questions » Accounts-principles-of-accounts » Jamb » 2017 » one of the options below is not the source of income for non- profit organization
Accounts - Principles of Accounts JAMB 2017

one of the options below is not the source of income for non- profit organization

  • Entrance fees
  • subscription/dues
  • odrinary shares checkmark
  • Donations

The correct answer is: C

Explanation

Ordinary shares: This type of source of income is only used in profit oriented organization to generate fund the pubic so as to enable the organization make more profit at the end of a specified period
Previous Question Next Question

Leave A Comment