Advertisements
Advertisements
Question
Show the following information in the Balance Sheet of 'Dev Sports Club':
| Particulars | ₹ |
| Match Fund (as on 31st March, 2020) | 1,70,000 |
| Match Expenses (paid during the year ended 31st 2,50,000 March, 2021) | 2,50,000 |
| Donations for Match (Received during the year ended 31st March, 2021) | 90,000 |
Ledger
Advertisements
Solution
| In the books of 'Dev Sports Club' Balance Sheet [An Extract] as at 31st MMch, 2021 |
||||
| Liabilities | Amount (₹) | Assets | Amount (₹) | |
| Match fund | 1,70,000 | 10,000 | ||
| Add: Donations | 90,000 | |||
| 2,60,000 | ||||
| Less: Expenses | (2,50,000) | |||
shaalaa.com
Is there an error in this question or solution?
