Question No 2 Chapter No 01 – V K Publications Class 12

Question no 2 Chapter 1 V K Publication
Question no 2 Chapter 1 V K Publication

Question No 2 Chapter No 01 – V K Publications Class 12

2. Show the amount of match expenses and match fund in appropriate booke from the following information of a Sports Club:

Particulars
Match Fund 1,20,000
Match expenses 2,25,000
Donation for Match Fund received during the year 39,000
Sale of Match Tickets 54,000

The Solution of Question No 2 Chapter No 01 – V K Publications Class 12

Sports Club
Income and Expenditure Account (Extract) for the year ended 31st March 2017
Expenditures Amount Incomes Amount

To Match Expenses

(2,25,000-2,13,000)

  12,000      
Sports Club
Balance Sheet (Extract) as at 31st March 2018
Liabilities Amount Assets Amount
Match Fund 1,20,000        
Add: Donation for Match Fund 39,000        
Add: Sale of Match tickets 54,000        
  2,13,000        
Less: Match Expenses (upto income) 2,13,000 Nil      

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Not-for-Profit Organisations – Meaning and Overview

What is Receipt and Payment account – format in Excel & PDF

What is Incomes and Expenditures Account – format in Excel & PDF

What is subscription in NPO – Treatments and Examples:

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Students may choose only one part from the Part II and Part III

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Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Computers and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software: Tally 
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship 

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

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Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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Check out V.  K. Publication Class 12 @ Oficial Website of V. K. Publication

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