How the following items for the year ended 31st March, 2018 will be presented in the financial statements of Aisko Club:
Additional Information:
Interest Accrued on Tournament Fund Investments Rs. 6,000
| Particulars | Debit Amount (Rs. ) |
Credit Amount (Rs. ) |
| Tournament Fund | – | 1,50,000 |
| Tournament Fund Investments | 1,50,000 | – |
| Income from Tournament Fund Investments | – | 18,000 |
| Tournament Expenses | 12,000 | – |
Marks-3, CBSE:2018-19/Main/01/Q-8
