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    Bookkeeping Discussions

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    Posted 10 months ago in Form 3

    Accounts Of Non-Profit Making Organizations

    What is the difference btn statement of affairs and statement of financial position 

      0       2

    Comments  


    Abdulkarim Yusuph   Posted on 7 months ago

    Are they similar 2 balance sheet?

    Shabani Mzee   Posted on 7 months ago

    Statement of Affairs is the statement which is prepared at the beginning and at the ends of the period, so as to determine the overall change in the capital, during the financial year but statement of financial position shows the financial position of the business at a given date

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