the receipt and payment s acpunt of a not-for-profit-making organization plays a similar role in...

FINANCIAL
JAMB 2007

the receipt and payment s acpunt of a not-for-profit-making organization plays a similar role in a profit-making organization as?

  • A. a cash account
  • B. a balance sheet
  • C. an income account
  • D. an expenses account

Correct Answer: B. a balance sheet



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.