• Answer of this question

    Building Fund comes in which under group.
    Davneet Singh's image
    Davneet Singh

    Hello

    It is in nature of Reserve and Surplus

    Building funds means we have kept aside to purchase the building

    It is normally kept aside from profit,hence it should be kept under Reserve and surplus


    Written on Sept. 28, 2016, 9:11 p.m.