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प्रश्न
Answer in one sentence only.
What is Capital Fund?
एका वाक्यात उत्तर
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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.
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उत्तर २
Excess of assets over liabilites in case of not for profit concern is known as capital fund.
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