August 15, 2018

JVM Education-A Free educational Resource Hub

Accounting for non-profit org




Accounting-for-non-profit-org

The Income and Expenditure Account is simply another name for the Profit and Loss Account drawn up for a non-profit organisation. In this account, all losses and expenses relating to the period are debited and all gains and incomes relating to the same period are credited.




 

Author Profile

JVM Education

About The Author

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Bot Varification *