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What if amount of deficit is more than capital fund in npo? What would the treatment for the same?


Navjot Singh

Navjot Singh

CA Foundation

5K+

04-May-22 14:53

401

Answers (4)

Keep question in which u have this doubt


if the deficit is more than the capital fund, then the Balancing figure comes under assets site of the balance sheet.


Jitendra Kumar

Jitendra Kumar

CA Final

41K+

04-May-22 19:32

Thread Starter

Navjot Singh

Thank you But what would be the heading for it?

Capital fund


Jitendra Kumar

Jitendra Kumar

CA Final

41K+

04-May-22 20:15

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