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Write the Word/Term/Phrase which can substitute each of the following statements.i. Specific amount paid by the members annually to non-trading organisation to get certain services or benefits.ii. Donation or gift received from the members or outsiders for specific purpose.iii. Donation received for general purpose like welfare of the members or society.iv. The gifts received from legal representatives as per the will of a deceased person.v. An expenditure which is incurred for carrying the day-to-day business activities. |
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Answer» i. Subscription ii. Specific donation iii. General donation iv. Legacies v. Revenue Expenditure |
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