Correct option is C
Loss on sale of furniture does not appear in the Receipt and Payment account of a Not-for-Profit Organization. This account records actual cash receipts and payments, and loss on sale is a non-cash item.
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Select the item that does not appear in the Receipt and Payment account of a Not-for-Profit Organisation.
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CUET 2025 English Language Mock 01
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Choose the correct answer from the options given below :
