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Record the following items of a …

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Record the following items of a Non-profit organization: [3] Tournament Fund………………. Rs.2,00,000 Tournament Expenses………….. Rs.60,000 Receipts from Tournament…….. Rs.80,000.

Posted by Shivansh Bansal 8 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Priya Kumari 8 years, 1 month ago

In the balance sheet liability side the following entry will take place.....tournament fund 200000-tournament expenses 60000+tournament receipts 80000=220000

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