Donations received by a non-profit organisation are usually ___________.

revenue receipt

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capital receipt

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capital expenditure

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revenue expenditure

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Solution

The correct option is A revenue receipt
Non profit organization are those which have no motive to earn any profit. Donations received by these organization is usually a revenue receipts.

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Donations received by a non-profit organisation are usually ___________.

The correct option is A revenue receiptNon profit organization are those which have no motive to earn any profit. Donations received by these organization is usually a revenue receipts.

The correct option is A revenue receipt
Non profit organization are those which have no motive to earn any profit. Donations received by these organization is usually a revenue receipts.