What do you mean by fund …
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Posted by Mohd.Altaph Sai 3 years, 11 months ago
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Yogita Ingle 3 years, 11 months ago
The concept of 'Fund Based Accounting' refers to the accounting whereby receipts and income relating to a particular fund are credited to that fund any payments and expenses are debited to it. Credit balance of te Fund Account is show on the liabilities side of the Balance Sheet.
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