The net profit from a trading account of a non-profit mak...
The net profit from a trading account of a non-profit making organization would be treated as income in the
Income and expenditure account
Receipt and payment account
Balance sheet
Statement of affairs
Correct answer is A
No explanation has been provided for this answer.
One of the items listed below will not be found in a company’s memorandum and article of assoc...
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline sales &am...
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Cost of goods sold is calculated as................... ...
The estimated profit or loss for a period is calculated by ...
The concise statement used to explain entries in the general journal is known as ...
One of the major features of bookkeeping is that it? ...
Net turnover is referred to as ...
Shares are sold at less than nominal value. They are issued at a ...