Question : Out of the following, which one is a capital receipt?

Option 1: Subscriptions

Option 2: Life membership fees

Option 3: Contribution for Annual Dinner

Option 4: General Donation

Question : Identify Revenue receipt from the following:

Option 1: Donation for Building Fund 

Option 2: Subsciption 

Option 3: Donation for tournament fund 

Option 4: Life memebership fees 

Question : Life Membership Fee received by NPO is accounted as:

Option 1: Capital Receipt

Option 2: Revenue Receipt

Option 3: Assets

Option 4: Outside liabilities

Question : Which one of the following is not a Capital receipt?

Option 1: Donation for specific purposes

Option 2: Endowment fund receipts

Option 3: Subscription

Option 4: Legacies

Question : Which of the following is a capital receipt?

Option 1: Life membership fee

Option 2: General Donation

Option 3: Subscription

Option 4: Interest on long term Investment