Accountancy, asked by afrabinthubaid, 3 months ago

Any income arising from special fund will be credited

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Answered by Ansh0725

3

(a) Donation received for a specific purpose should be credited to the Special Fund. ... (c) If there is no such rule made by the firm, donations received of non-recurring nature will be credited to the Capital Fund. Also, Recurring donations received will be credited to the Income & Expenditure Account.

Answered by punitwalmiki24

1

hope this help u ........

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