Download App

Accounts of ‘Not for Profit’ Concerns — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyAccounts of ‘Not for Profit’ Concerns1 Mark
Question
What is Entrance Fees?
✓

Answer

The fees which is paid by the persons who wish to become a member of the organisation are called Entrance Fees.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer in One Sentence" from Accounts of ‘Not for Profit’ Concerns→Accounts of ‘Not for Profit’ Concerns — all question types→Book Keeping & Accountancy STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

How would you adjust the retiring partner’s share of goodwill without opening Goodwill A/c?
→
What is Revaluation Account?
→
To which account profit is to be transferred up to the date of his death?
→
In what proportion is the balance on Realisation Account transferred to Partners Capital/Current Accounts?
→
What is Forfeiture of Shares?
→
What does the excess of debit over credits in the Profit and Loss Adjustment Account indicate?
→
What is Owned Capital?
→
When are the Partners Current Account is opened?
→
What is the minimum number of partners in a partnership firm according to the Indian Partnership Act 1932?
→
How is a debit balance of Profit and Loss Account dealt with on the death of a partner?
→