हिंदी

Answer in One Sentence Only. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

Answer in one sentence only.
What is Capital Fund?

एक पंक्ति में उत्तर
Advertisements

उत्तर १

In case of not-for profit organisations, excess of assets over liabilities is called capital fund. It is similar to the capital account in case of profit-making entities. Any surplus/ deficit shown by the Income and Expenditure Account will be added/ deducted from the opening capital and the net capital fund will be shown on the Liabilities side.

shaalaa.com

उत्तर २

Excess of assets over liabilites in case of not for profit concern is known as capital fund.
shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Accounts of 'Not For Profit' Concerns - Exercise 1 [पृष्ठ २२७]

APPEARS IN

मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 7 Accounts of 'Not For Profit' Concerns
Exercise 1 | Q 2 | पृष्ठ २२७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×