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Calc16.[3in12. How will the following items be presented in the 'Income and Expenditure Account' of a club for the yearending 31st March, 2019 and the Balance Sheet as on that date?Particulars₹Tournament Fund on 1st April, 20183,00,00010% Tournament Fund Investments on 1st April, 20183,00,000Interest received on Tournament Fund Investments30,000Sale of Tournament Tickets75,000Tournament Prizes Awarded60,000(CBSE 2020[Ans.: Balance Sheet: Liabilities Side: Tournament Fund 3,00,000+ Interest onTournament Fund Investment* 30,000 + Sale of Tournament Tickets *75,000 - Tournament PrizesAwarded * 60,000=3,45,000; Assets Side: 10% Tournament Fund Investments 3,00,000.]17. Fraend315 |
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Answer» zbhxhxjcjcjcncnjcjckckdkxkkckcncndnjxk |
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