Accountancy, asked by blocksmine070, 4 hours ago

what type of account is charity account?​

Answers

Answered by baraikdeepak
1

Answer:

A Charity Account is a segregated client account, holding all the details of your charitable giving in one place. It allows you to make tax-free donations to LCVS and/or any other charity or charitable organisation and, like a bank account, it records all the income and expenditure

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