FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Briefly explain the accounting treatment of each of the following in the books of a non-profit making organisation: Donations (1 mark) Subscriptions owing (1 mark)

image text in transcribed
Briefly explain the accounting treatment of each of the following in the books of a non-profit making organisation: Donations (1 mark) Subscriptions owing (1 mark) Profit-making activity (e.g. a bar) carried out by a non-profit making organisation (1 mark)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing That Matters Case Studies Discussion Guide

Auditing That Matters Case Studies Discussion Guide

Authors: Norman Marks

1st Edition

B089J5JCL2, 979-8650410546

More Books

Students also viewed these Accounting questions

Question

★★★★★
For the plate of Problem 4.41 the reaction at F must be directed downward, and its maximum allowable value is 20 lb. Neglecting friction at the pins, determine the required range of values of P....

Answered: 1 week ago

Question

★★★★★
7. Explain the phenomenon of hypnosis and how it is used in therapy.

Answered: 1 week ago

Question

★★★★★
Aretail store in Des Moines, Iowa, receives shipments of a particular product from Kansas City and Minneapolis. Let x = units of product received from Kansas City y = units of product received from...

Answered: 1 week ago

Question

★★★★★
Sylvester Systems borrows $122,000 cash on May, 15, 2013. by signing a 60 day 6% note. On what date does this note mature? Assume the face value of the note equals 122,000 the principle of the loan...

Answered: 1 week ago

Question

★★★★★
we learned quite a few trends in the labor market when it comes to wages, labor force participation, and growth in specific industry and occupations. Choose TWO trends and explain how each of these...

Answered: 1 week ago

Question

★★★★★
Your firm-has A/P with credit terms of 1/15, net 30. What is the annualized cost of skipping the discount on day 15 and paying the full invoice amount on day 30? 24.6% 37.2% 18.6% 8.1%

Answered: 1 week ago

Question

★★★★★
total monthly production costs are 10,000 on a lot of 250 units. you sell each unit for $150. If all 250 units sell each month, how would you calculate your annual profit

Answered: 1 week ago

Question

★★★★★
One way to determine the trend of a data set is to find ______________________. Question 36 options: a) percentage of non-overlapping data b) the split middle line of progress c) percentage of...

Answered: 1 week ago

Question

★★★★★
The annual salaries for 5 randomly selected people: Diana: $154,500 Clark: $76,000 Lois: $119,350 Bruce: $2,350,000,000 Barry: $68,000 Which would be the best measure of central tendency for this...

Answered: 1 week ago

Question

★★★★★
Your clients expect a 10% return on investment for podcast and a 15% ROI for TV ads. How would you calculate the expected profit for a client who invests $5500 on a podcast ad and $10,000 for a TV ad

Answered: 1 week ago

Question

★★★★★
5. Understand how cultural values influence conflict behavior.

Answered: 1 week ago

Question

★★★★★
6. Describe how communication can reinforce cultural beliefs and behavior.

Answered: 1 week ago

Question

★★★★★
3. Analyzing a Film. View a feature film or a video (e.g., Chir-raq or Brooklyn) and assume the position of a researcher. Analyze the cultural meanings in the film from each of the three...

Answered: 1 week ago

Previous Question Next Question