The loss made by a non profit making organization is call...
The loss made by a non profit making organization is called
Deficit
Surplus
Discount
Shortage
Correct answer is A
A deficit occurs for a nonprofit organization whenever its expenses exceed its revenue . deficit in a non for profit making organization stands for loss and it is the excess of expenses over bar profit and other income.
The acid test ratio in the company is ...
Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,400 \\...
The historical development of accounting reveals that it? ...
Which of the following is the reason why a seller allows a customer cash discount? ...
Which of the following is not a method of depreciating fixed assets? ...
Advertising expenses incurred on a product in a business organization should be charged to ...