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Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club
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Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,...
The total amount of funds in Blue Star Cricket Club, Bhopal is as follows:
1. Sport Fund: Rs. 2,50,000
2. General Fund: Rs. 1,50,000
In the beginning of the year 2019-20, the club received a donation of Rs. 50,000 specifically for cricket tournament activities. This donation is added to the sport fund, increasing it to Rs. 3,00,000 (2,50,000 + 50,000).
During the year, the club incurred expenses of Rs. 3,50,000 on tournament activities. The expenses are deducted from the sport fund, resulting in a remaining balance of Rs. -50,000 (3,00,000 - 3,50,000).
Additionally, it is mentioned that 10% of the sport fund is invested in government securities. However, the exact amount invested in government securities is not specified.
1. Sport Fund: Rs. 2,50,000
2. General Fund: Rs. 1,50,000
In the beginning of the year 2019-20, the club received a donation of Rs. 50,000 specifically for cricket tournament activities. This donation is added to the sport fund, increasing it to Rs. 3,00,000 (2,50,000 + 50,000).
During the year, the club incurred expenses of Rs. 3,50,000 on tournament activities. The expenses are deducted from the sport fund, resulting in a remaining balance of Rs. -50,000 (3,00,000 - 3,50,000).
Additionally, it is mentioned that 10% of the sport fund is invested in government securities. However, the exact amount invested in government securities is not specified.
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Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations?
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Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations?.
Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Blue star cricket club ,Bhopal maintains a sport fund invested of rs2,50,000 for Cricket tournament activities.the amount of sports invested into 10% govt.securities In beginning of the year 2019-20 the donation of rs50000 received by club for a cricket tournament activities and during the year expenses incurred on tournament activities of rs3,50,000.club has also general fund of rs1,50,000 & the same was invested into 10% govt. securities.show income and expenditure account for the year ending 31st march 2020 &into the balance sheet as on date in the books of Blue star Cricket club Related: NCERT Solution (Part - 2) - Accounting for Not for Profit Organisations?.
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