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?
| Rs. | |
| Tournament Fund on 1st April, 2018 | 3,00,000 |
| 10% Tournament Fund Investments on 1st April, 2018 | 3,00,000 |
| Interest received on Tournament Fund Investments | 30,000 |
| Sale of Tournament Tickets | 75,000 |
| Tournament prizes awarded | 60,000 |
Marks-3, CBSE:2019-20/Comp/01,02,03/Q-14*