New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Specific Donations are shown on the ______ whereas

    General Donations are taken on the ________.
    A liabilities side of the Balance Sheet; income side of the Income & Expenditure Account Correct Answer Incorrect Answer
    B income side of the Income & Expenditure Account: liabilities side of the Balance Sheet Correct Answer Incorrect Answer
    C income side of the Income & Expenditure Account: assets side of the Balance Sheet Correct Answer Incorrect Answer
    D assets side of the Balance Sheet: income side of the Income & Expenditure Account Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next