Accountancy, asked by Mohitu2137, 1 month ago

What are the final accounts Prepaid for the non profit organization

Answers

Answered by prabindkumar413
3

Answer:

The Final Accounts of non-trading concerns consists of:

Receipts and Payments Account.

Income and Expenditure Account, and. ADVERTISEMENTS:

Balance Sheet.

Explanation:

this is the answer.

please mark me as brainlist

Answered by rinkudevi2318
1

Answer:Income and Expenditure account is akin to profit and loss account. The not for profit organisations usually prepare the income and Expenditure account and a balanced sheet with the help of receipt and payment account..

hope it help you!

thank you..☺️

Similar questions