Question 21 Chapter 1 of Class 12 Part – 1 VK Publication
21. The following particulars have been taken from the Receipt and Account of the sports club. You are required to show the items given under intinal accounts of the club:
Receipts and Payments Account
As at 31st March, 2018
|To Donation for Cricket Tournament||80,000|
Additional information: An amount of Rs. 34,000 had been spent on tournament expenses.
The solution of Question 21 Chapter 1 of Class 12 Part – 1 VK Publication:-
|Incom and Expenditure Account|
(as at 31st March 2018)
|Donation for Cricket Tournament||80,000|
|Less: Tournament Expenses||34,000||46,000|
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Also, Check out the solved question of all Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution