Accountancy, asked by asdev629, 1 day ago

List all typesof assets to be included in accumulated fund

Answers

Answered by mohitkumar4245
0

Answer:

When an NPO earns money in excess of its expenses and charitable donations, it is placed into its accumulated funds. This money is set aside for the future ...

Explanation:

The value of the accumulated funds can be calculated at any time by valuing the net assets (i.e. assets less liabilities) of the organization.

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