How direct costs of special fund raising events


When non government VHWOs and ONPOs hold fund raising events such as banquets, auctions, and bazaars, the gross receipts must often be reported as revenues. Explain or illustrate how the direct costs of these special fund raising events atre to be reported. Also, may these nongovernment organizations report the special event using the net method?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How direct costs of special fund raising events
Reference No:- TGS096385

Expected delivery within 24 Hours