Question

in case of not for profit making concern, endowment fund receipt is treated as​

Answer 1

Answer:

Endowment funds, like other funds, are treated as liabilities. Investments made from endowment funds are treated as assets. Additionally, interest on the investment of endowment funds is treated as an income.

Explanation:

Endowment funds, like other funds, are treated as liabilities. Investments made from endowment funds are treated as assets. Additionally, interest on the investment of endowment funds is treated as an income.

Answer 2

Answer:

Revenue Receipt

Explanation:

Endowment funds, like other funds, are treated as liabilities. Investments made from endowment funds are treated as assets. Additionally, interest on the investment of endowment funds is treated as an income