This is a free master class for the students of 12th commerce (Accountancy). it will make the students understand the basics of the chapter Non Profit Organisation. Students will understand how to prepare the financial statements of a non profit organisation. This chapter carries a weightage of 10 marks in the CBSE. So all kinds of very short, short and long questions will be discussed in this master class. firstly short questions of 3 marks will be discussed covering specific funds, consumable goods and subscriptions. after that long questions carrying 6 marks will be discussed wherein the students will be taught how to prepare income and expenditure account followed by balance sheets from the given receipts and payments account. Finally the one markers multiple choice questions. All those students who will attend this master class will get clear and thorough understanding of the basic concepts of the first chapter of part A accountancy i.e. Non Profit Organisation.