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How are the following items ahown …

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How are the following items ahown in the accounts of a not for profit organization? Tournament fund ₹50000 Tournament expenses. ₹15000 Receipts from tournament ₹20000

    • Posted by Raghav Singh 6 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Vaibhav Kamboj 6 years, 4 months ago

    Liabilities tournament fund 50000 - 15000 +20000 =55000

    0Thank You

    Komal Poddar? 6 years, 4 months ago

    Liabilities amount Tournament fund 50000 Add : receipts From tournaments 20000 70000 Less:Tournament Expenses 15000 55000

    1Thank You

    Miss Mor 6 years, 4 months ago

    Tournament fund ke head ko liability side show krna h amount hoga 50000+15000-20000=45000

    0Thank You

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