How would the following items be treated while preparing the financial statements of a sports club?

Particulars  Amount Rs.
Prize Fund44,000
Interest on Prize Fund Investments6,000
Prizes Awarded46,000
Match Expenses64,000
Prize Fund Investments44,000

Marks-3, CBSE:2019-20/Main/01/Q-14*

Attention Students!!!


banner for app

 

 

 

This will close in 0 seconds

error: Content is protected !!