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Donation for a chidren park will be considered in which of the following:
Income & Expenditure Debit
Income & Expenditure Credit
Balance sheet Liabilities
Balance sheet Asset
All specific purpose donations are to be treated as capital in nature and hence must appear in Balance sheet as Liabilities
By: DATTA DINKAR CHAVAN ProfileResourcesReport error
SOUBARNIKA S
REPEATING QUESTION
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