12th class Principle of Accounting chapter 2 short question with answers for ICom part 2 Principle of Accounting Chapter 2

Online Short Questions For Chapter 2 "ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation "

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Principles of Accounting - ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation

Question # 1

What is meant by capital fund?

  • Ans 1: Capital fund is an excess of total assets over total external liabilities of a non profit seeking organization ,Capital fund is also knows as General Fund or accumulated fund or surplus fund,
    We use the formula to calculate fund is given as below
    Capital fund=assets-liabilities
Submit

Prepare Complete Set Wise Questions For Chapter 2 "ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation "

ICOM Part 2 Principles of Accounting Chapter 2 Short Questions Preparation - Set 1

Question # 1

What is meant by capital fund?

  • Ans 1: Capital fund is an excess of total assets over total external liabilities of a non profit seeking organization ,Capital fund is also knows as General Fund or accumulated fund or surplus fund,
    We use the formula to calculate fund is given as below
    Capital fund=assets-liabilities
Submit

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Principles of Accounting
2nd Chapter

12th Principles of Accounting Chapter 2 Test

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