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Receipts, payments, income and expenditure

Unit 6: Accounting for Not for Profit OrganizationsTopic 2 of 3
Browse the Advanced Financial Accounting syllabus

What the syllabus expects

  • Accounting procedures of not for profit organization: Receipts and Payments account, Difference between cash book and receipts & payments account, Income & Expenditure account, Difference between receipts & payments account and income & expenditure account