I. Members subscription
II. Fines fr...
I. Members subscription
II. Fines from members
III. Donation
IV. Loan from bank
From the information above, sources of income for a Not-for-profit-making organization include
I, III, IV
I, II, III
I, II, IV
I and IV
Correct answer is B
Nonprofits can and do use the following sources of income to help them fulfill their missions:
\(\begin{array}{c|c} & ₦ \\ \hline \text{Net profit} & 60,000\\ \text{Total assets} & ...
Cash discount received is shown in the i. Cash ii. Discount Received Account iii. Sup...
The apportionment of the cost of a fixed asset to the profit and loss account is termed? ...
Use the following information to answer the given question. \(\begin{array}{c|c} \text{Net prof...