Home NCERT Solutions NCERT Exemplar CBSE Sample Papers NCERT Books Class 12 Class 10
Question 7

What is Capital Fund? How is it calculated?


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.

Calculation of Capital Fund


5 Comment(s) on this Question

Write a Comment: