Financial Accounting MCQ: In case specific fund is maintained, the expenses exceeding the amount of the funds, should be recorded on: | Extra Education

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In case specific fund is maintained, the expenses exceeding the amount of the funds, should be recorded on:

Correct Answer: Debit side of the Income and Expenditure Account

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Financial Accounting MCQ: In case specific fund is maintained, the expenses exceeding the amount of the funds, should be recorded on: | Extra Education