Not-for-Profit Organization (NPO)
Not-for-Profit organizations (NPO) are to those organizations the main purpose of which is not to earn profit but promoting commerce, art, science, religion, charity etc.
Financial Statements of NPO includes the posts on Accounts relating to Not-for-profit organisation like Receipts and Payments account.
Not-for-Profit organizations (NPO) are to those organizations the main purpose of which is not to earn profit but promoting commerce, art, science, religion, charity etc.