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How will the following items be presented in the Balance Sheet of 'Miso Club'? Particulars Tournament fund on 1st April, 2020 Sale of Tournament Tickets during the year Tournament prizes awarded - Accountancy

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प्रश्न

How will the following items be presented in the Balance Sheet of 'Miso Club'?

Particulars Amount (₹)
Tournament fund on 1st April, 2020 3,00,000
Sale of Tournament Tickets during the year 75,000
Tournament prizes awarded during the year 60,000
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उत्तर

Balance Sheet of Miso Club
as at 31st March, 2021
Liabilities Amount (₹) Amount (₹) Assets Amount (₹)
Tournament Fund 3,00,000 3,15,000    
Add: Sale of Tournament Tickets 75,000    
Less: Tournament Prize Awarded 60,000    
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2021-2022 (April) Term 2 - Delhi Set 2
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