How will you show the following information in the financial statements of the Vinod Education Trust on
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Question:
How will you show the following information in the financial statements of the
Vinod Education Trust on 31st March 2020.
Particulars Amount
Tournament Fund
Tournament Fund Investment
Income from Tournament Fund Investment
Tournament Expenses
90,000
90,000
12,000
10,000
Additional Information: Interest accrued on Tournament Fund Investment Rs.3,000.
(Ans. Rs.95,000 Liabilities side and 90,000 Assets side)
Posted Date: