Sponsorship Receipts
This query is : Resolved
05 June 2011
In educational institutions they received sponsorship for conducting sports then how it should be treated in books of accounts?
Bhargav.B
Bhargav.B
10 October 2011
The Sponsorships received should form part of income of the educational institute.
The same should be booked in the Income A/c head in the nomenaclature of "Sports Sponsorship Income"
The same should be booked in the Income A/c head in the nomenaclature of "Sports Sponsorship Income"
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