Question

How will you deal with the following items while preparing for the Bombay
Women Cricket Club its income and expenditure account for the year ending
31.3.2020 and its Balance Sheet as at 31.3.2020:
12,25,000
10,80,000
25,00,000
Particulars
(a) Donations received during the year for the
construction of a permanent Pavilion
Expenditure incurred up to 31.3.2020 on its construction
The total estimated expenditure on construction of Pavilion being
(b) Tournament Fund :
Balance as on 1.4.2019
Subscriptions for tournament received during the year
Expenditure incurred during the year on conducting tournaments
(c) Life Membership fee received during the year
50,000
2,10,000
2,00,000
28.000

Answer 1

Explanation:

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