Accountancy, asked by rethikaritu, 11 months ago

investments are shown in the opening balance sheet of NPO in some questions and not shown in some questions. do we have to show it in the opening balance sheet or not?

Answers

Answered by sosinnerswastik
0

I have not studdied it.

Answered by vikingsk215
0

Answer:

Yes. If investment is given directly (7%investment)or indirectly (interest on 7%investment)in receipts and payments we must use it in the opening balance sheet. If not given in receipts and payments don't need to write.

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