Identify the steps in preparation of final accounts of not for profit organisation (NPO)
A. Prepare Balance Sheet of NPO
B. Prepare Income and Expenditure Account from Receipts and payment Account
C. Prepare Receipts and payment Account
D. Adjust outstanding/prepaid expenditure/Income and determine surplus/ Deficit
E. Prepare cash book
Choose the correct answer from the options given below:
Held on 30 Aug 2022 · Verified 13 Jul 2026.
E, C, B, D, A
D, E, A, B, D
A, B, C, D, E
E, C, A, B, D
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