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Hoq is capital fund calculated

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Hoq is capital fund calculated

Posted by Rohit Kumar 4 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 4 years, 1 month ago

Capital fund is the excess of NPOs' assets over its liabilities. In other words, the excess of assets over the liabilities for a profit earning organisation is termed as capital and the same for an NPO is termed as capital fund. Any surplus or deficit ascertained from Income and Expenditure account is added to (deducted from) the capital fund. It is also termed as Accumulated Fund.

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CBSE > Class 12 > Accountancy