Question : How are the following items presented in the financial statement of a Non-profit organisation: Subscriptions due at the end?

Option 1: assets side of the Balance Sheet

Option 2: liabilities side of the Balance Sheet

Option 3: Both 1 and 2

Option 4: None of the above

Question : The variable measured at a particular point of time is ______________. 

Option 1: Stock

Option 2: Flow

Option 3: Capital

Option 4: None of the above.

Question : Accounting ratios are an important tool of - 

Option 1: Trial Balance

Option 2: Financial statement analysis and trial balance

Option 3: Financial statement analysis

Option 4: None of the above

Question : ____________ shows the financial performance, i.e., the result of business operations during an accounting period and is also known as an Income Statement.

Option 1: Profit and loss account

Option 2: Balance sheet 

Option 3: Manufacturing account

Option 4: None of the above

Question : ____________ shows the financial performance, i.e., the result of business operations during an accounting period and is also known as an Income Statement.

Option 1: Profit and loss account

Option 2: Balance sheet 

Option 3: Manufacturing account

Option 4: None of the above