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(Treatment of Funds) (a) Show the following information in Financial statement of Non-for-Profit Organisation : Particulars Amount $ Tournament Fund 18,000 Tournament Fund Expenses 8,000

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(Treatment of Funds) (a) Show the following information in Financial statement of Non-for-Profit Organisation : Particulars Amount $ Tournament Fund 18,000 Tournament Fund Expenses 8,000 Donation for Tournament Fund 2,500 Sale of Tournament Tickets 4,000 (a) What will be the effect, if tournament expenses go up by $ 20,000 other things remaining the same

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