What is the correct sequence of the preparation of the following accounts and statement of a non-profit organisation?
I. Income and expenditure account
II. Receipts and payment account
III. Balance sheet
Select the correct answer from the options given below:
A. I, II, III
B. I, III, II
C. II, I, III
D. II, III, I
Answer: Option C
This Question Belongs to Commerce >> Accounting
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