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  9. Q13
Question 13

In a non-profit oriented organization, the excess of income over expenditure is

  • A.asses ro the capita,l
  • B.added to the accumulated fund
  • C.deducted from the capital
  • D.deduced from the accumulated fund
  • E.deduced from the reserve
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1992
Question no.
#13
Type
Objective
Previous · Q12Directors' remuneration are recorded in the book as Next · Q14 Which of the following will not affect the agreement of the cash book balance…

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