Advertisements
Advertisements
प्रश्न
Write one Word / Term / Phrase for the following statement.
Excess of income over expenditure.
एक शब्द/वाक्यांश उत्तर
Advertisements
उत्तर
Surplus
Explanation: Income and Expenditure Account is prepared to ascertain the results of activities of a not-for-profit organisation. When the income side exceeds the expenditure side, we have surplus. However, in case of profit-seeking entities, it is termed as profit (ascertained from Profit and Loss Account).
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
