Question

How the following items for the year ended 31t March,2020 will be shown in the

financial statements of Brick Club:

Particulars Rs. Rs.

Tournament Fund

Tournament Fund Investments

Income from Tournament Fund Investments

Tournament Expenses

-

1,50,000

-

12,000

1,50,000

-

18,000

-

Interest Accrued on Tournament Fund Investments Rs.6,000​

Answer 1

Answer:

12000 is the answer for the question