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. Cost and income for managers B. Company's tax liability for a particular year C. Financial conditions of an institutions D. All of the above

A. Current assets B. Fixed assets C. Intangible assets D. Investments

A. Current assets B. Fixed assets C. Intangible assets D. Investments

A. Current assets B. Fixed assets C. Intangible assets D. Investments