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what is the difference between npo and financial statement?
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In addition to a balance sheet, a for-profit will prepare an income statement each quarter. ... Nonprofit organizations, on the other hand, do not compile an income statement but instead prepare a statement of activities each quarter.
Financial statement is for profit and loss of company but NPO is not for profit it is for society service.
Financial statement is for profit and loss of company but NPO is not for profit it is for society service.
Anonymous:
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