Why is capital fund in npo is liability
Atharv Sankliya (1323 Points)
09 June 2022
why is capital fund in npo is liability although the entity does not have to repay it ?
Atharv Sankliya (1323 Points)
09 June 2022
Dnyanesh Deshpande
(Aspiring CA)
(133 Points)
Replied 11 June 2022
CA Puja Sharma
(Chartered Accountant)
(4972 Points)
Replied 11 June 2022
Capiatl is always liability that teh amount have been introduced by the promoters and not generated by the NPO itself.
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