Treatment of governors party paid is considered as revenue or capital expenditure - Accountancy - Accounting for Not-for-Profit Organisation

Question

Treatment of governors party paid is considered as revenue or
capital expenditure

Neha Chopra · Accepted Answer

Dear Student,

The amount paid to governors' party is generally in the form of
donation and the same would be considered as Revenue Expenditure
being an transaction in the normal course of business;

Also, please make the question more clear if there is some other
meaning related to it ;

Looking forward to hear from you again!!

Keep Posting;

Regards,