The capital sum which represents the difference between the assets and liabilities of a society…

Accounts - Principles of Accounts WAEC 1991

The capital sum which represents the difference between the assets and liabilities of a society or club is referred to as

  • cosolidated fund
  • recurrent fund
  • accumulated fund checkmark
  • working capital
  • general reserve

The correct answer is: C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment