One of the options below is not the source of income for ...
One of the options below is not the source of income for non- profit organization
Entrance fees
Subscription/dues
Ordinary shares
Donations
Correct answer is C
Ordinary shares: This type of source of income is only used in profit oriented organization to generate fund the pubic so as to enable the organization make more profit at the end of a specified period
The advantage of double entry is that ...
In order to make the cash book balance equal to the bank statement, it is usual to add? ...
Income received in advance is treated in the balance sheet as a ...
Use the following information to answer the given question BOUGHT LEDGER CONTROL ACCOUNT: \(\beg...
In which ledger is the control account prepared? ...
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7,800.............