Accountancy, asked by navya6347, 1 year ago

how to treat tournament expenses when tournament fund is mentioned

Answers

Answered by twosword
2
Tournament expenses will be deducted from the tournament fund in the balance sheet.
Answered by sujiritha95
2
tournament expenses will be deducted from tournament fund  , when tournament fund is mentioned ..

Such net off amount shown in income and expenditure account
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