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Q. How will the following items be presented in the Income and Expenditure Account of a club for the year ending 31st March, 2019

Q. How will the following items be presented in the Income and Expenditure Account" of a club for the year ending 31st March, 2019 and the Balance Sheet as on that date? Details Tournament Fund on 1st April, 2020 10% Toumament Fund Investments on 1st April, 2020 Interest received on Tournament Fund Investments Sale of Tournament Tickets Tournament prizes awarded 3 Amount 3,00,000 3,00,000 30,000 75,000 60,000

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