Question

35. How will be the following items dealt while preparing the Balance Sheet for the year ending 31st March,
2020 of Confident Club?
₹
Particulars
5,00,000
12,50,000
11,25,000
(a) Building Fund
Donation Received for the Building
Expenditure on Building Construction (WIP)
(b) Match Fund as on 1st April, 2019
Donation Received for Matches
7,500
12,500
21,000
Match Expenses
Proceeds for Sale of Match Tickets
17,500
20,000
30,000
(c) Life Membership Fees Received during the Year
(d) Subscription for Governor's Party
Outstanding Subscription for Governor's Party
(e) Capital Fund as on 1st April, 2019
5,000
12,50,000​

Answer 1

Answer:

Here is the answer of question no 35 of volume1, 2021 edition