Present the following items in the Balance Sheet of Queen’s Club as at 31st March, 2019:
Capital Fund (1st April, 2018) | Rs. 10,80,000 |
Building Fund (1st April, 2018) | Rs. 4,80,000 |
Donation received for Building | Rs. 6,00,000 |
10% Building Fund Investments (1st April, 2018) | Rs. 4,80,000 |
Interest received on Building Fund Investments | Rs. 48,000 |
Expenditure on construction of building | Rs. 3,60,000 |
The construction work is in progress and has not yet been completed.
Marks-3, CBSE:2018-19/Comp/Q-9