Question

The opening balance of tournament fund was Rs 32,800. During the year, donation received towards this fund amount to Rs 15,400; amount spent tournament was Rs 12,300 and interest received on tournament fund investment Rs 4,000. What will be the closing balance of tournament fund? Show your workings clearly. (a) Rs 56,500 (b) Rs 64,500 (c) Rs 39,900 (d) Rs 31,900​

Answer 1

Answer:

32,800 + 15,400 + 4000 - 12,300 = 39,900