Question

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Present the following items in the balance sheet of a queen club as at 31st March 2019

• capital fund ( 1st April 2018 ) = rs 1080000
• building fund ( 1st April 2018 ) = rs 480000
• donations received for building = rs600000
• interest received on building fund investment = rs48000

expenditure and construction of buildings rs 360000. the construction work in not been completed

$\boxed {\boxed{ { \red{ \bold{ \underline{☆ \: SPAMMING \: NOT \: ALLOWED \: ☆ \: }}}}}}$
$\boxed {\boxed{ { \red{ \bold{ \underline{ GOOGL \: NOT \: ALLOWED }}}}}}$

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Answer 1

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$\boxed {\boxed{ { \red{ \bold{ \underline{Solution:-}}}}}}$

Balance Sheet of Queen's Club as at 31st March 2019:-

Liabilities Amount

Capital Fund Rs 1080000

Building Fund-Rs 480000

Add :-

Donations received

for Building-Rs 600000

Add:-

Interest on

Building Fund

Investments-Rs 48000

Less:

Expenditure on

construction

transferred to

Capital Fund-Rs 360000 Rs 768000

Assets Amount

10% Building Fund

Investments Rs.480000

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Building Fund accounting for non-profit organisations:

• brainly.in/question/17203096

Answer 2

Answer:

aise konse kaam mai busy rehte ho ?