The net profit from a trading account of a non-profit making organization would be treated as income in the
A income and expenditure account
B receipt and payment account
C balance sheet
D statement of affairs
Answer is A
Tutors, Past Questions and Projects.
The net profit from a trading account of a non-profit making organization would be treated as income in the
A income and expenditure account
B receipt and payment account
C balance sheet
D statement of affairs
Answer is A