Donation to promote general objectives of the organisation is called _____________

Specific Donation

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General Donation

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Special Donation

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None of these

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Solution

The correct option is B
General Donation

General donations are the donations to promote general objectives of the organisation

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Q. Answer the question.
What is Specific Donation? How it is different from General Donation?

Q. Any donation received for a specific purpose is a ___________.

Donation received for a special purpose :

A non-profit organisation received Rs 60,000 as a donation from new member. Out of this, 20% of the donation should be used for constructing a building. What is the amount of donation that needs to be shown in the income and expenditure account?

Q. Donation received for a specific purpose should _________________.

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Donation to promote general objectives of the organisation is called _____________

The correct option is B General Donation General donations are the donations to promote general objectives of the organisation

The correct option is B
General Donation

General donations are the donations to promote general objectives of the organisation