Question

कोष आधारित लेखांकन (Fund-based Accounting)
3A एक अलाभकारी संस्थान के लिए आप निम्न मदों की स्थिति में किस प्रकार व्यवहार करेंगे?
How would you treat the following items in the case of a 'not-for-profit' organisation :
खेल निधि (Tournament Fund)
खेल व्यय (Tournament Expenses)
खेल से प्राप्तियाँ (Receipts from Tournament)
₹
40,000
14,000
16,000​

Answer 1

Answer:

26000 is treated as liability side of Balance sheet

Explanation:

Tournament Fund is a Specific Fund it is treated in Liability side of Balance sheet

Tournament Fund is a Specific Fund it is treated in Liability side of Balance sheetTournament expenses is treated as liability side of Balance sheet and deduct from tournament Fund

Tournament Fund = 40000

Tournament Fund = 40000Tournament expenses= 14000

Tournament Fund = 40000Tournament expenses= 14000= 40000-14000

Tournament Fund = 40000Tournament expenses= 14000= 40000-14000= 26000

Reciept from tournament Rs.16000 is treated as income and expenditure account in income side