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3. Ms. Bhavya, the secretary of …

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3. Ms. Bhavya, the secretary of Butterfly Arts & Sports Club is not aware about the treatment of tournament fund in their Balance Sheet. As a Commerce student you are required to help her based on the following details: Rs. Tournament Expenses 16,000 Tournament Fund 22,000 Donation for Tournament 8,000 Collection from the sale of tournament tickets 6,000
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