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P2 C9 Accounts ol‘Non—trading Concerns — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C9 Accounts ol‘Non—trading Concerns1 Mark
Question
Explain: Capital fund OR Permanent
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Answer

Capital fund can be compared with the capital of a trading concerns. Except the funds received for specific purpose, all capital income received or amounts capitalised are shown under this head.

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