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प्रश्न
Give word / term or phrase for the following statement.
Excess of income over expenditure of a ‘not for profit’ concern.
एक शब्द/वाक्यांश उत्तर
उत्तर
Surplus
The surplus is the excess of income over expenditure. A credit balance in the Income and expenditure account shows a surplus.
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Not for Profit Concerns
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संबंधित प्रश्न
Excess of expenditure over income of 'not for profit' concerns.
Indian Cricket Association prepares Profit and Loss Account ?
The main objective of not for profit organizations is to earn profit.
Write one Word / Term / Phrase for the following statement.
Such concerns, which are formed for rendering some useful services to its members without having profit motive.