Accountancy, asked by ksarfaraz904, 9 months ago

donation received for specific pupose

Answers

Answered by parv1245
2

Answer:

donation which is received for a specific purpose is a capital receipts. This has to be utilized only for the specific purpose. This is a capital receipt.

Answered by AanyaAnand
0

Answer:

A donation which is received for a specific purpose is a capital receipts.

This has to be utilized for a specific purpose.

This a capital receipt.

Explanation:

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