Advance Accounting MCQ: A co-operative Society may createout of its net profit for payment of bonus to person who are not its members.

A co-operative Society may createout of its net profit for payment of bonus to person who are not its members.

Correct Answer: bonus equalization fund

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Advance Accounting MCQ: A co-operative Society may createout of its net profit for payment of bonus to person who are not its members. | Extra Education