Question

11. How the following items for the year ended 31st March, 2019 will be presented in the financial statements
of Aisko Club?
Particulars
Dr.()
Cr. R)
1,50,000
1,50,000
Tournament Fund
Tournament Fund Investments
Income from Tournament Fund Investments
Tournament Expenses
18,000
12,000
Additional Information:
Interest Accrued on Tournament Fund Investments 6,000.
(CBSE 2019)​

Answer 1

Answer:

2,26,000

The year ended 31st March,2019 will be presented in the financial statement is 2,26,000