How are the following items presented in financial statements of a Not-for- Profit organisation:-
(a) Tournament Fund- 80,000
(b) Tournament expenses-14,000

How are the following items shown in the accounts of a Not-for-Profit Organisation ? {:(,,"Rs"),("Tournament Fund",,"50,000"),("Tournament Expenses",,"15,000"),("Receipts from Tournament",,"20,000"):}

How are following items accounted in a Not-for-profit Organisation ? (i) Tournament Fund Rs 2,00,000 , Tournament Expenses Rs. 60,000, Receipts from Tournament Rs.80,000. (ii) Billiard Match Expenses Rs. 25,000. (III) Prize fund Rs. 1,00,000, Interest on Prize Fund Investments Rs. 10,000 , Prizes paid Rs. 20,000, Prize fund investments Rs. 80,000. (iv) Receipts From Cinema show Tickets Rs. 50,000, Expenses on Cinema show Rs. 15,000. (v) Expenditure on construction of Pavilion during the year was Rs. 6,00,000. the construction work is in progress and not yet completed . Pavilion fund as on 31st March , 2018 Rs. 8,00,000 . Donation for Pavilion received on 15th September , 2018 Rs. 10,00,000, Capital fund as at 31st March 2018 Rs. 20,00,000.

(a) Show the following information in financial statements of a ‘ Not-for-Profit’ Organisation: (b) What will be the effect, if match expenses go up by Rs. 6,000 other things remaining the same?

Show how you would deal with the following items in the financial statements of a Club: