Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ACCOUNTING

JAMB 2010 - Question 30

Account 2010 JAMB Past Questions - Question 30: In the not-for-profit-making organization, the excess of income over expenditure is

Choose the most appropriate option for the gap .

In the not-for-profit-making organization, the excess of income over expenditure is

A: deducted from the capital

B: added to the accumulated fund

C: added to the capital

D: deducted from the accumulated fund.

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ACCOUNTING

Account 2010 JAMB Past Questions - Question 30: In the not-for-profit-making organization, the excess of income over expenditure is

Examkit's JAMB CBT App

Correct Answer

Explanation