Millionaire Mode

Accounting procedure for not-for-profit organisations - class-XI

Question 1 of 20

Surplus revealed by Income and expenditure account ___________.

  1. is shown as deduction in accumulated fund at the balance sheet
  2. is transferred to an account called capital fund
  3. is distrusted among the members of the non-profit organization
  4. must be donated to other non-profit organization

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000