Chapter 19, Problem 19.8.5E

To determine

Concept Introduction:

Fund raising costs for a not-for-profit organisation:

Fund raising costs for a not-for profit organisation includes all activities which involve inducing potential donors to contribute cash, services, materials or others. Any cost of accounting for contributions and cost of direct benefits is not part of fund-raising costs in society’s activity statement.

:

Amount to be classified as fund raising costs in society’s activity statement.