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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
How should you treat money donated to improve a building, 
which is a permanent endowment?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How should you treat money donated to improve a building, which is a permanent endowment?
Answer
# 1		 
Treat it as an addition (incoming resource) to permanent 
endowment funds. Any interest earned on the money prior to 
spending should also be included as permanent endowment.
 
Is This Answer Correct ?    0 Yes 0 No
Guest
 
  Re: How should you treat money donated to improve a building, which is a permanent endowment?
Answer
# 2		 
Treat as addtional capital.
 
Is This Answer Correct ?    1 Yes 0 No
Jagi
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Difference Between Tax Invoice and reatail Invoice ?  3
1. How do we calculate the Closing Stock ? 2. How many types methods are used for calculating closing stock ?  2
diff b/w debenture and bond? Bank-Of-America4
difference between options and futurs Karvy1
what is buy back of share & why a company go for it?  1
expand S E B I  2
What will be the journal entry of provision for income tax in the financial year . Genpact9
When does services tax liability arise? Is the liability on the recipient or the payer? What is the general rate of ST applicable?  1
I am a student of ICWAI (Intermediate). I looking for some information about Rayalty and Hire Purchase.  8
fill in the Blanks Most of the business men are using the _________system of accounts  1
EXPAND___________NTF  1
what is Derivative? Infosys3
Expand H M D A  2
retained earnings will change over time due to what factors, retained earnings will increase. Genpact1
what is the meaning of invoice why company using this ?  1
WHAT IS Z.B.B. ZERO BASED BUDGET? Capital-IQ8
what is the rate of TDS for transpotation  2
What is the TDS ratio applicable on professional fees?  2
machinery is assets or liabilities  13
what is meant by fixed deposit?  3
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 
   
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