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  9. Q23
Question 23

The term used to denote the capital of a not-for-profit making organization is

  • A.annuity fund
  • B.nominal capital
  • C.circulating capital
  • D.accumulated fund
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2012
Question no.
#23
Type
Objective
Previous · Q22The equivalent of income and expenditure account in a trading concern is Next · Q24 The portion of authorized capital that has been allotted to subscribers

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