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In case specific fund is maintained, the expenses exceeding the amount of the (English Class 12) #2
English
Accounting for Non-profit Organization
Question
Updated
19 Aug 2026
In case specific fund is maintained, the expenses exceeding the amount of the funds, should be recorded on:
A
Choose Your Answer
A
Liabilities side of the Balance Sheet
B
Debit side of the Income and Expenditure Account
C
Credit side of the Income and Expenditure Account
D
Assets side of the Balance Sheet
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