Computer Science, asked by sukri0497, 5 months ago

income and expenditure account generally indicate

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Answered by anu4248

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The account through which surplus or deficit of a non-profit-seeking concern is ascertained, is called Income and Expenditure Account. ... The balance of the account, if credit, indicates surplus, i.e. excess of income over expenditure.

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income and expenditure account generally indicate​

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income and expenditure account generally indicate