@accountingfinance01: Accounts and financial statements for Non-Profit Organizations (NPOs) / Non Trading Organizations. Learn how to prepare an Income and Expenditure Account for a Non-Profit Organisation. In this lesson, we cover: ✅ Difference between Receipts and Payments and Income and Expenditure Accounts ✅ Adjustments for subscriptions ✅ Accrued and prepaid expenses ✅ Depreciation and irrecoverable subscriptions ✅ Calculation of surplus or deficit ✅ Complete exam-style question and solution #financialaccounting #accountingandfinanceplaybook #accrualaccounting #incomestatement #accountingstudent #kasnebstudents #balancesheet #journalentries #managementstudent #bookkeeping #cpaexam #CPA #kasneb #financialstatements #finance #kasnebexams #kasnebrevision #cashflows #statementoffinancialposition #accountingtiktok #IncomeAndExpenditure