Concept:In a club's income and expenditure account, the credit side records all incomes and gains.
Explanation:For non-profit organisations, the income and expenditure account works like a profit and loss account.
All expenses and losses are recorded on the debit side.
All incomes and gains are recorded on the credit side.
Donations received are an income for the club.
Therefore, donations received will appear on the credit side.
Donation to children's home, honoraria paid to guest speakers, and meeting expenses are all expenses.
Expenses are always shown on the debit side, not the credit side.
Answer:B. Donations received