In a not for profit making organization, the excess of in...
In a not for profit making organization, the excess of income over expenditure is
Added to capital
Added to accumulated fund
Deduced from capital
Deducted from accumulated fund
Correct answer is B
No explanation has been provided for this answer.
The need for changes in accounting theory in Nigeria was influenced by the ...
The double entry in the books to write off goodwill is ...
When a shareholder fails to pay the calls requested from him, this situation leads to ...
A trial balance is a proof of accuracy of ...
Which of the following items is found in the credit column of the trial balance? ...