Question

Sports Fund Investments.]
Show how will you deal with the following items in the final accounts of Chetak
Club, Jaipur as at 31st March, 2016:
₹
Prize Fund on 1st April, 2015
75,000
Interest on Prize Fund Investments
5,000
Prizes given
10,000
Prize fund Investments on 1st April, 2015
60,000
Donations for Prize fund
25,000
(Haryana Board 2017, Ser C)​

Answer 1

Answer:

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