Accountancy, asked by ykalpanayadav2003, 5 months ago

how capital fund is calculated in the book of accounts of a not for profit

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Answered by TsriRoshni

Answer:

Capital fund is the excess of NPOs' assets over its liabilities. Any surplus or deficit ascertained from Income and Expenditure account is added to (deducted from) the capital fund. ... It is also termed as Accumulated Fund.

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how capital fund is calculated in the book of accounts of a not for profit ​

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how capital fund is calculated in the book of accounts of a not for profit