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Following is the information given in respect of certain items of a Sports club . Show these items in the Income and Expenditure Account and the Balance Sheet of the club as at 31st March , 2018: Particulars ₹ Sports Fund as on 1st April, 2017 Sports Fund Investments Interest on Sports Fund Investments Donations for Sports Fund Sports Prizes awarded Expenses on Sports Events General Fund General Fund Investments Interest on General Fund Investment 3,50,000 3,50,000 40,000 1,50,000 1,00,000 40,000 8,00,000 8,00,000 80,000 |
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Answer» Following is the information given in respect of certain items of a Sports club . Show these items in the Income and Expenditure Account and the Balance Sheet of the club as at 31st March , 2018:
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