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ASAP!! (b) Balances as at 1.4.2020: Capital Fund 1,80,00,000. Building Fund 24,00,000, Prize Fund 12,00,000, Reserve Fund 4,00,000. During the year Expenditure on Building 4,00,000,

image text in transcribedASAP!!

(b) Balances as at 1.4.2020: Capital Fund 1,80,00,000. Building Fund 24,00,000, Prize Fund 12,00,000, Reserve Fund 4,00,000. During the year Expenditure on Building 4,00,000, Prizes awarded "2,00,000, Interest Received on Investments 4,00,000. Investments were made against the Building, Prize and Reserve Funds commonly. Calculate the Balance of Capital Fund to be shown in the Closing Balance Sheet.[3 Marks]

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