Question

Treatment of General Fund in a npo

Answer 1

Answer:

The Non-profits Organisations do not used the term capital...Instead General Fund or Accumulated Fund appears on the Balance sheet ...The NPO might also create a special fund ,such as a Price Fund or match fund ...The purpose of which is to meet the expanses related to the purpose for which it is created....

hope it's helpful for you...

Answer 2

Answer:

Hey mate here is your answer

Explanation:

The Non-profit organizations do not use the term Capital. Instead, General Fund or Accumulated Fund appears on the Balance Sheet. The NPO might also create a special fund, such as prize fund or match fund. The purpose of which is to meet the expenses related to the purpose for which it is created.

Hopefully it's helpful for you