Question

If there is no 'Match Fund', then match expenses are transferred to:

विकल्प

• Income and Expenditure Account

• Assets side of Balance Sheet

• Liabilities side of Balance Sheet (Deducted from Match Fund)

• Debit side of Income and Expenditure Account

Answer 1

Debit side of Income and Expenditure Account

Explanation

Match expenses are shifted to the debit side of the Income and Expenditure Account if there is no Match Fund.