Regarding funds
This query is : Resolved
Baljeet Singh
(Querist)
06 June 2011
what is the difference between capital fund and General Fund ?
CA Pushpendra Gaur
(Expert)
10 October 2011
Well general fund is for specific purpose work like building a hospital, playground etc
where as capital fund is the accumulated funds as contribution by members for the general needs of the organisation.
Donation given as forming part of corpus form part of capital corpus, also the unspent donations also form part of capital funds at future dates
where as capital fund is the accumulated funds as contribution by members for the general needs of the organisation.
Donation given as forming part of corpus form part of capital corpus, also the unspent donations also form part of capital funds at future dates
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Appointment of Auditor By Form ADT-1
- Capital gain on commercial property and investment in residential property
- Rectification under processing even after 6 months cpc portal
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- ARCA LOGIN
- Rent agreement of House of deceased person
- TDS Return Statement Status
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
