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Accountancy · 2022 · 2 marks
CBSE 2022 · Region 5 · Set 3 · Q1
Present the following information in the Balance Sheet of Wisdom Club as at $\displaystyle 3$ l st March, $\displaystyle 202$ l Particulars Amount () Prize fund (1st April, $\displaystyle 2020$) $\displaystyle 4,80,000$ Prize fund Investment (1st April, $\displaystyle 2020$) $\displaystyle 4,80,000$ Prizes awarded $\displaystyle 1,50,000$
Marking-scheme solution
Balance Sheet of Wisdom Club
31st
as at March, $\displaystyle 2021$
Liabilities Amount Assets Amount
(₹) (₹)
Prize Fund $\displaystyle 4,80,000$ Prize Fund
Investments $\displaystyle 4,80,000$
Less : Prizes Awarded $\displaystyle 1,50,000$ $\displaystyle 3,30,000$
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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.