The loss made by a non profit making organization is call...
The loss made by a non profit making organization is called
Deficit
Surplus
Discount
Shortage
Correct answer is A
A deficit occurs for a nonprofit organization whenever its expenses exceed its revenue . deficit in a non for profit making organization stands for loss and it is the excess of expenses over bar profit and other income.
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Reducing balance method charges depreciating as fixed percentage of the ...
If only wages is shown on the trial balance, it should be charged to the ...
Use the following information to answer the given question. \(\begin{array}{c|c} \text{Net prof...
Subscription in advance is treated in the balance sheet under ...
Which of the following is the memory part that is available for use by the computer user? ...
Which of the following is not contained in the sales ledger control account? ...
Use the following information to answer the given question \(\begin{array}{c|c} \text{Rent paid...