Purchase of assets are entered in nonprofit organization’s book is called:

stock register  

c) Asset register

A.  Stock Register.

D) Cash Register

Certainly, proper accounting is essential for non-trading institutions. These concerns maintain, generally, a cash book and later they prepare a summary of cash transactions appearing in the cash book. This summary takes the form of an account known as receipts and payments account. Such concerns also prepare 'income and expenditure account' (which is more or less on the lines of profit and loss account) and the Balance Sheet.

c

answer c  

Asset

A  - the answer

it is asset register

C,,,,