Which of the following statements is not correct in relation to non-pr

1.	Which of the following statements is not correct in relation to non-profit organisation?
A.	A non-profit organisation never undertakes trading activities
B.	A public library is a non-profit seeking accounting entity
C.	Revenue items are shown in the income and expenditure account
D.	Donations received for construction of an auditorium by a club is to be credited to a separate building fund account
Answer» B. A public library is a non-profit seeking accounting entity

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Which of the following statements is not correct in relation to non-profit organisation?

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