Donation of Books to Society
This query is : Resolved
02 July 2011
Sir one of my client is a Welfare Society, How to pass entry Donation of Books and where does it reflect in Receipts & Payments A/c, Income & Exp A/c and Balance Sheet.
Thanks Sir in Advance
Thanks Sir in Advance
02 July 2011
You can make this entry in the books of accounts
Book a/c Dr
to Misc. Income a/c ( income & exp. a/c)
You can treat books as Fixed asset
Book a/c Dr
to Misc. Income a/c ( income & exp. a/c)
You can treat books as Fixed asset
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