The net profit from a trading account of a non-profit making organization would be treated...

Accounts - Principles of Accounts

JAMB 1994

The net profit from a trading account of a non-profit making organization would be treated as income in the

A. income and expenditure account
B. receipt and payment account
C. balance sheet
D. statement of affairs

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Correct Answer: Option A

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The net profit from a trading account of a non-profit making organization would be treated...

Correct Answer: Option A

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