A Club has Opening balance of Rs.8,50,000 in Match fund. Donation received for match during the current year amounted to Rs. 4,25,000. Sale of match tickets amounted to Rs. 1,15,000. Match expenses incurred were Rs.14,00,000 Balance in the Match fund at the year end will be:

Question

Option 1: Rs. 10,000

Option 2: Rs. (20,000)

Option 3: Rs. (1,25,000)

Option 4: Rs. (10,000)

AfterBoards · Accepted Answer

The answer is 'Rs. (10,000)'. View full solution:

CUET Accountancy 2022 16 July Shift 2 PYQs

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