In the not-for-profit-making organization, the excess of income over expenditure is?
FINANCIAL
JAMB 2010
In the not-for-profit-making organization, the excess of income over expenditure is?
- A. deducted from the capital
- B. added to the accumulated fund
- C. added to the capital
- D. deducted from the the accumulated fund
Correct Answer: C. added to the capital
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