Financial Statements of NFP
Quick practice
Question 1 of 5
Which among the following are included in the final accounts of Not-for-Profit Organisation?
1. Receipt and Payment Account
2. Income and Expenditure Account
3. Balance Sheet
4. Appropriation Account
5. Realisation Account
A
2, 3, 4 and 5
B
1, 2, 4 and 5
C
1, 2 and 3
D
1, 3 and 5
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