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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, 2020 3,00,000 Sale…
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 2022 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.