The net profit from a trading account of a non-profit mak...
The net profit from a trading account of a non-profit making organization would be treated as income in the
Income and expenditure account
Receipt and payment account
Balance sheet
Statement of affairs
Correct answer is A
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
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Given: Direct material N2,500 Direct labour N5,000 Direct expenses N1,000 Overhead expenses N1,5...
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Which of the following is added to the proprietor's capital? ...