NABTEB QUESTIONS

Differentiate the term Deficit and Surplus in the account of non-profit-making concern. – NABTEB QUESTION
Differentiate the term Deficit and Surplus in the account of non-profit-making concern. – NABTEB QUESTIONDifferentiate the term Deficit and Surplus in the account of non-profit-making concern. – NABTEB QUESTION

A deficit is a loss while a surplus is gain or profit in a non-profit making organisation.

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