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How will you deal the following …

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How will you deal the following items while preparing final account of NPO Tournament fund 4,00,000 10% tournament fund investment. 4,00,000 Sale of tournament tickets. 50,000 Interest on tournament fund investment 30,000 Donation recevied for tournament 60,000 Tournament expenses. 5,80,000

Posted by Hardik Kumar 5 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Aleena Mariam John 5 years, 9 months ago

Treatment of fund : opening balance of fund Add:donation for fund Add:interest on investment Less:expense Surplus:Balance Sheet (Liability) Deficit:Income and Expenditure A/c (Expenditure Side)

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CBSE > Class 12 > Accountancy

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Posted by Mohd Aman Mansoori 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Mahi . 1 year, 4 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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