The capital sum which represents the difference between the assets and liabilities of a society…

The capital sum which represents the difference between the assets and liabilities of a society or club is referred to as
  • A.
    cosolidated fund
  • B.
    recurrent fund
  • C.
    accumulated fund
  • D.
    working capital
  • E.
    general reserve
Correct Answer: Option C
Explanation
You May Also Like