Question

Ow 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) ……………………………………………………………
building fund (1st april 2020) …………………………………………………………
5% p.a. building fund investment (1st april 2020) …………………………..
donation for building received during the year ……………………………….
interest received on building fund investment
……………………………………
7,00,000
6,00,000
6,00,000
2,00,000
30,000
additional information: expenditure on construction of building rs.10,00,000. construction work is in progress and not completed yet.

Answer 1

Answer:

How will you show the following items in the balance sheet of Vinod Welfare cub on ... Capital Fund (1st April 2020) - 700000 ... 5% p.a. building fund investment