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The net profit from a trading account of a non-profit making organization would be ...
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 1994
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The net profit from a trading account of a non-profit making organization would be treated as income in the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Income and expenditure account
B
Receipt and payment account
C
Balance sheet
D
Statement of affairs
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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