Question :
As all other business concerns be its sole proprietorship or partnership have capital, a not-for- profit organisation has:
Option 1:
capital fund
Option 2: general fund
Option 3: any of these
Option 4: none of these

Question

Question :

As all other business concerns be its sole proprietorship or partnership have capital, a not-for- profit organisation has:

Option 1:

capital fund

Option 2: general fund

Option 3: any of these

Option 4: none of these

Team Careers360 · Accepted Answer

Correct Answer: any of these

Solution : For a not-for-profit organisation, a capital fund or general fund is like the capital of a sole proprietorship. Hence, the correct option is 3.

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Question : As all other business concerns be its sole proprietorship or partnership have capital, a not-for- profit organisation has:Option 1: capital fundOption 2: general fundOption 3: any of theseOption 4: none of these

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Question :
As all other business concerns be its sole proprietorship or partnership have capital, a not-for- profit organisation has:
Option 1:
capital fund
Option 2: general fund
Option 3: any of these
Option 4: none of these

Question :
General donations are treated as:

Question :
A credit balance of Income and Expenditure for

Question :
Receipts and Payments Account does not include

Question :
An account akin to Profit and Loss Account in

Question :
Any amount received as per the will of a