In a not for profit making organization, the excess of in...
In a not for profit making organization, the excess of income over expenditure is
Added to capital
Added to accumulated fund
Deduced from capital
Deducted from accumulated fund
Correct answer is B
No explanation has been provided for this answer.
Which of the following is accounted for in receipts and payment account? ...
Bank reconciliation statement is prepared to reconcile the differences between ...
A major benefit derived from the reconciliation of branch and head office books is to? ...
Which of the following is not a characteristic of trial balance? ...