Non Trading Organisation

NPO - Theory

  • Not-for-profit organsiations (NPO) are those organsiations whose objective is not to earn profit but to render services to its members and to the society.
  • Various features of NPO are established for welfare and service of the society, collect d .... Read More

NPO - Practical

  • Final accounts of NPO comprise Receipts and Payments account, income and Expenditure accountand Balance Sheet.
  • Receipts and Payments Account is a real account and prepared exactly like cashbook but it is not prepared date wise. Income and expenditure account is .... Read More

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