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प्रश्न
From the following information of a club, show the amounts of Prize awarded and Price Fund in the Financial Statements of the club for the year ended on 31st March 2009 and 31st March 2010:
| Details | Rs |
| Prize Fund as on 1.4.2009 | 20,000 |
| Prize Fund donations received during the year 2009-2010 | 40,000 |
| Prizes awarded during the year 2009-2010 |
69,000 |
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उत्तर
|
Balance Sheet as on 31st March 2009 |
||||
|
Liabilities |
Amount Rs |
Assets |
Amount Rs |
|
|
Prize Fund |
20,000 |
|
|
|
|
Add: Prize Fund Donation |
40,000 |
|
|
|
|
|
60,000 |
|
|
|
|
Less: Prize Awarded (Note) |
60,000 |
NIL |
|
|
|
|
|
|
|
|
|
Income and Expenditure Account for the year ended 31st March 2010 |
||||
|
Dr. |
|
|
Cr. |
|
|
Expenditure |
Amount Rs |
Income |
Amount Rs |
|
|
Price Awarded |
69,000 |
|
|
|
|
Less: Prize Fund |
20,000 |
|
|
|
|
Less: Donation |
40,000 |
9,000 |
|
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