If expenditure exceeds income for a period in a not-for-profit organisation this is not referred to as

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If expenditure exceeds income for a period in a not-for-profit organisation this is not referred to as a loss. What term is used instead? (Section 5.2)

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Accounting In A Nutshell Accounting For The Non-specialist

ISBN: 9780750687386

3rd Edition

Authors: Walker, Janet

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Question Posted: Jun 28, 2024 01:06 AM

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If expenditure exceeds income for a period in a not-for-profit organisation this is not referred to as

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Accounting In A Nutshell Accounting For The Non-specialist

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