Menu
Treatment of life time membership fees
What is the Treatment Of life time membership fees in accounting of NGO?
Replies (2)
look at this video https://www.youtube.com/watch?v=QrmVbmMWsW8
Life membership fees should be credited to separate fund (which is shown under liability) and fair proportion of it should be credited as Income in I/E A/c each year.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
