The excess of assets over liabilities in a not for profit...
The excess of assets over liabilities in a not for profit organization is..........
Surplus
Deficit
Working capital
Accumulated fund
Correct answer is D
Accumulated fund is the excess money received by a non-profit organization. It is gotten by deducting liabilities from assets in a non-profit making organization account.
Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
One of the options below is not the source of income for non- profit organization ...
The straight-line depreciation is ...
In a non-profit oriented organization, the excess of income over expenditure is ...
The main purpose of control account is to? ...
The maximum amount which a company can raise by way of selling share is ...
A part of public company's profits belonging to the shareholders is ...
The purchases Ledger control Account is also referred to as ...
Which of the following activities will increase profits? ...