Following is the information given in re...

Following is the information given in respect of certain items of a sports club. Show these items in the income and Expenditure Account and the Balance Sheet of the club as at 31st March 2019:

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The correct Answer is:

Balance of Sports Fund -Rs 4,00,000

1. interest on General Fund investments will be shown on income side of the income and expenditure account.
2. General Fund will be shown in the liabilities side of the Balance Sheet and General Fund investments on the Assets side of the Balance Sheet.

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Following is the information in respect of certain items of a Sports Club. You are required to show them in the Income and Expenditure Account and the Balance Sheet.

The information given below relates to a sports club . Show them in the Income and Expenditure Account and the Balance sheet of the club as at 31st March , 2019 {:("sports Fund as at 1st April, 2018",,10.00.000),("sports Fund investments",,10.00.00),("Interest on sports Fund investments",,1.00.000),("Donation for sports Fund",,4.00.000),("Subscription",,1.00.000),("Donation",,50.000),("Sports Prizes Awarded",,3.00.000),("Expenses on sports Events",,1.00.000),("General Fund",,20.00.000),("General Fund Investment",,20.00.000),("Interest on General Fund investments",,2.00.000):}

following is the extract from the Receipts and Payments Account of a sports club. You are required to show different items in the income and Expenditure Account and Balance Sheet of the club for the year ended 31st March ,2019 giving effect to additional information given below: Additional Information: (i) Amount spent on Pavilion Rs. 20,00,000. The construction work is in progress and has not yet completed. (ii) Outstanding subscriptions for Covernor's Party Rs. 30,000. (iii) Capital Fund as at 31st March , 2018 Rs 10,00,000. (iv) Pavilion Fund as at 31st March ,2018 Rs. 40,00,000.

Balance sheet had the following amounts as at 31st march 2019:

Following is the Balance Sheet of Techno India Ltd as at 31st March, 2019.

From the following information of a Not-for-Profit Organisation show the sports Materials item in the income and Expenditure account for the year ended 31st march 2019 and Balance Sheets as at 31st March 2018 and 31st March 2019: Payments to suppliers for sports materials during the year was Rs. 1,02,000. There were no cash purchases made.

prepare income and Expenditure account for the year ended 31st March 2019 from the following :

On the basis of the information given below, calculate the amount of stationery to be debited to Income and Expenditure Account of Good Health Sports Club for the year ended 31st March 2019 : Stationery purchased during the year ended 31st March 2019 war Rs. 4,70,000.

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