The loss made by a non-trading organization is called? by Sunday | Aug 16 | Accounting WAEC | 0 comments A. surplus B. drawing C. deficit D. shortage E. discount Correct Answer: Option C – deficit Users Also Read These:The payment made to the insured for loss incurred is?One of the options below have the same features as…A loss made on the disposal of a fixed assets is debited to?Calculate the net profit or loss made during the year.The loss made by a non profit making organization is called?