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How will the following appear in the final accounts of Karaikudi sports club for the year ending 31st March, 2019? - Accountancy

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प्रश्न

How will the following appear in the final accounts of Karaikudi sports club for the year ending 31st March, 2019?

Particulars
Tournament fund on 1st April 2018 90,000
Tournament fund investment on 1st April 2018 90,000
Interest received on tournament fund investment 9,000
Donation to tournament fund 10,000
Tournament expenses 60,000
खातेवही

उत्तर

Balance Sheet as on 31.03.19

Liabilities Assets
Opening Tournament Fund 90,000   Tournament Fund Investment 90,000
(+) Interest Received 9,000      
  99,000      
(+) Donation to Fund 10,000      
  1,09,000      
(−) Expenses incurred 60,000 49,000    
shaalaa.com
Balance Sheet
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Accounts of not–for–profit organisation - Exercises [पृष्ठ ७६]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 2 Accounts of not–for–profit organisation
Exercises | Q IV 18. | पृष्ठ ७६
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