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How Are the Following Items Shown in the Accounts of a Not-for-profit Organisation ? - Accountancy

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प्रश्न

How are the following items shown in the accounts of a Not-for-Profit Organisation ?

  Rs.
Tournament Fund 50,000
Tournament Expenses 15,000
Receipts from Tournament 20,000
खातेवही
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उत्तर

Balance Sheet

Liabilities 

Amount

(Rs)

Assets 

Amount

(Rs)

Tournament Found

50,000

 

 

 

Add: Tournament Receipts

20,000

 

 

 

Less: Tournament Expenses

(15,000)

55,000

 

 

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पाठ 1: Financial Statements of Not for Profit Organisations - Exercises [पृष्ठ ५६]

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टीएस ग्रेवाल Accountancy - Double Entry Book Keeping Volume 1 [English] Class 12
पाठ 1 Financial Statements of Not for Profit Organisations
Exercises | Q 6 | पृष्ठ ५६
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