Accountancy, asked by chaohan3656, 11 months ago

Difference between fundbase and non fundbase accounting

Answers

Answered by jivanshi

Hey mate here is ur answer

Some financial services are fund based and others are non fund based. A fund based financial service involves credit offered by banks in the form of loans, overdrafts and other cash transactions. In a non-fund based financial service the bank does not deal with funds or cash transactions

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