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Home / Doubts and Solutions/CBSE/Class 12 Commerce/Accountancy

How will the following items be presented in the Income and Expenditure Account' of a club for the year ending 31st March, 2019 and the Balance Sheet as on that date? 14. 3 Tournament Fund on 1st April, 2018 3,00,000 10% Tournament Fund Investments on 1st April, 2018 3,00,000 Interest received on Tournament Fund Investments 30,000 Sale of Tournament Tickets 75,000 Tournament prizes awarded 60,000

Asked by hukamsingh930 17th October 2020, 10:27 PM
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