Question: Q. How will the following items be presented in the Income and Expenditure Account of a club for the year ending 31st March, 2019

Q. How will the following items be presented in the Income and

Q. How will the following items be presented in the Income and Expenditure Account" of a club for the year ending 31st March, 2019 and the Balance Sheet as on that date? Details Tournament Fund on 1st April, 2020 10% Toumament Fund Investments on 1st April, 2020 Interest received on Tournament Fund Investments Sale of Tournament Tickets Tournament prizes awarded 3 Amount 3,00,000 3,00,000 30,000 75,000 60,000

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