Vidyalelo
Commerce · Q2500

Accounting

Graduate and Post Graduate · Commerce · question 2500

Q2500

What is the correct sequence of the preparation of the following accounts and statement of a non-profit organisation? I. Income and expenditure account II. Receipts and payment account III. Balance sheet Select the correct answer from the options given below:

A.
I, II, III
B.
I, III, II
C.
II, I, III
Answer
D.
II, III, I

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board