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How are the following items shown in the accounts of a Not-for Profit Organisation ?

+1 vote

asked Dec 24, 2018 in Class 12 by kratos

How are the following items shown in the accounts of a Not-for Profit Organisation ?

| Tournament Fund | 50,000 |
| Tournament Expenses | 15,000 |
| Receipts from Tournament | 20,000 |

financial statements of not for profit organisations
class-12
company accounts

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1 Answer

+5 votes

answered May 10, 2020 by kratos

Best answer

                           Balance Sheets (Extract)

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