Accountancy, asked by rajeshrockz8388, 10 months ago

Why are donations for specific purpose part of capital receipts explain???

Answers

Answered by Anonymous

hey mate here is your answer:

donations for specific purpose are a part of capital receipts because it is donated by a person at once . It can't be recurred time to time . It is also a liability for NPO .

thank you.

hope its may help you out

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