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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12
Textbook Solutions8116
Concept Notes87
Syllabus

Which of the following should not be recorded in the income and expenditure account? - Accountancy

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Question

Which of the following should not be recorded in the income and expenditure account?

Options

  • Sale of old news papers

  • Loss on sale of asset

  • Honorarium paid to the secretary

  • Sale proceeds of furniture

MCQ
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Solution

Sale proceeds of furniture

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Q I 6.
Chapter 2: Accounts of not–for–profit organisation - Multiple choice questions [Page 70]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 2 Accounts of not–for–profit organisation
Multiple choice questions | Q I 6. | Page 70
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