Question

what is meant by legacy?
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Answer 1

ANSWER -

The meaning of LEGACY is money or property that is given to you after somebody dies, because he/she wanted you to have it  .

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Answer 2

Answer:

Explanation:

It is the amount given as per the will of a diseased person . if nothing specified it will be shown on the credit side of income and expenditure account . some times it is give in the adjustment that added with capital fund . At that time it will be added with capital fund in the liability side of balance sheet