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:Final accounts of a not-for-profit making…Calculate the net profit or loss made during the year.Provision is made in the accounts when the amount…Which of the following terms describes the provision…One of the options below have the same features as…