Question: How will you deal with the following items while preparing for the Bombay Women Cricket Club its income and expenditure account for the year

How will you deal with the following items while preparing for the

How will you deal with the following items while preparing for the Bombay Women Cricket Club its income and expenditure account for the year ending 31.3.2017 and its Balance Sheet as on 31.3.2017: (a) Donation received during the year for the construction of a permanent Pavilion Expenditure incurred up to 31.3.2017 on its construction The total estimated expenditure on construction of Pavilion being (b) Tournament Fund: Balance as on 1.4.2016 Subscriptions for tournament received during the year Expenditure incurred during the year on conducting tournaments (c) Life Membership fee received during the year Give reasons for your answers R$ 12,25,000 10,80,000 25,00,000 10,700 65,800 72,400 28,000

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