Accounting · Year 2 · Week 9

Not for profit making organisations, Differences between payments accounts, income and expenditure accounts

Strand
Financial Accounting
Sub-strand
Financial Reporting
Content standard
Demonstrate knowledge, understanding and skills in the preparation and presentation of financial statements of organisations
Learning outcome
Prepare Financial Statements and Reports for Not – for – Profit organisations
Learning indicator
Identify the differences between receipts and payments accounts and income and expenditure accounts

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