PREPARATION OF ACCOUNTS OF NON-PROFIT-MAKING : LSUS
Financial Accounting SSS2 Third Term
WEEK – SEVEN AND EIGHT
PREPARATION OF ACCOUNTS OF NON-PROFIT-MAKING
CONTENT
PREPARATION OF ACCOUNTS OF NON-PROFIT-MAKING
ORGANIZATIONS-PRACTICAL ILLUSTRATION
Example
The star sports and social club provides recreational activities, refreshments and social events for its members. Its assets and liabilities at 31st December, 2003 were as follows
Fixed Assets N
Pavilion 120,000
Club sports equipment 40,000
Motor roller .... View More
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