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Accountancy · 2022 · 2 marks
CBSE 2022 · Region 5 · Set 2 · Q1
How will the following items be presented in the Balance Sheet of 'Miso Club' Particulars Amount Q) Tournament fund on lst April, $\displaystyle 2020$ $\displaystyle 3,00,000$ Sale of Tournament Tickets during the year $\displaystyle 75,000$ Tournament prizes awarded during the year $\displaystyle 60,000$
Marking-scheme solution
Balance Sheet of Miso Club
as at 31st March, $\displaystyle 2021$
Liabilities Amount Assets Amount
(₹) (₹)
Tournament Fund $\displaystyle 3,00,000$
Add : Sale of Tournament
Tickets $\displaystyle 75,000$
Less : Tournament Prize
Awarded $\displaystyle 60,000$ $\displaystyle 3,15,000$
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CBSE Class 12 Accountancy past-paper question from the 2022board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.