Question

Funds which provides parmenent source of income to non trading organisation is called........ fund​

Answer 1

Answer:

CAPITAL FUND :

It is nothing, but the capital of non-trading concerns. It is made up of contribution of the members, special donations, by capitalizing admission fee and by transferring surplus. Thus the excess of total assets over total liabilities of non-trading concerns is called “capital fund”.

Answer 2

Answer:

gm....................

It is nothing, but the capital of non-trading concerns. It is made up of contribution of the members, special donations, by capitalizing admission fee and by transferring surplus. Thus the excess of total assets over total liabilities of non-trading concerns is called “capital fund”.

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