Donations received in cash for Rs. 5,000 for promoting objectives of organisation are shown on ______________

Debit side of Receipts and Payment Account

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Receipt side of Receipts and Payment Account

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Either Debit or receipt side if Receipts and Payment Account

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Liabilities side of Balance Sheet

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Solution

The correct option is C
Either Debit or receipt side if Receipts and Payment Account

Donations received in cash for Rs. 5,000 for promoting objectives of organisation are shown as receipts in the receipts and payments account.

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Donations received in cash for Rs. 5,000 for promoting objectives of organisation are shown on ______________

The correct option is C Either Debit or receipt side if Receipts and Payment Account Donations received in cash for Rs. 5,000 for promoting objectives of organisation are shown as receipts in the receipts and payments account.

The correct option is C
Either Debit or receipt side if Receipts and Payment Account

Donations received in cash for Rs. 5,000 for promoting objectives of organisation are shown as receipts in the receipts and payments account.