How will you show the following items in the Balance Sheet of Vinod Welfare Club on
31st March 2021?
Particulars Amount
Capital Fund (1st April 2020) 700000
Building Fund (1st April 2020) 600000
5% p.a. Building Fund Investment (1st April 2020) 600000
Donation for Building received during the year 200000
Interest received on Building Fund Investment 30000
Additional Information: Expenditure on construction of Building Rs.10,00,000.
Construction work is in progress and not completed yet.
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I don't know.
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answer is I don't know
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