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Accountancy · 2022 · 2 marks
CBSE 2022 · Region 1 · Set 1 · Q1
Show the following information in the Balance Sheet of Ashoka Club as on 31.3.2021: Particulars Dr. (2) Cr. (0 Tournament Fund 2,50,000 Tournament…
Show the following information in the Balance Sheet of Ashoka Club as on $\displaystyle 31.3.2021$ : Particulars Dr. ($\displaystyle 2$) Cr. ($\displaystyle 0$ Tournament Fund $\displaystyle 2,50,000$ Tournament Fund Investment $\displaystyle 2,50,000$ Tournament Expenses $\displaystyle 20,000$
Marking-scheme solution
Balance Sheet of Ashoka Club
as at 31st March, $\displaystyle 2021$
Liabilities Amount Assets Amount
(₹) (₹)
Tournament Fund Tournament Fund
Investment $\displaystyle 2,50,000$
Opening Balance $\displaystyle 2,50,000$
Less : Tournament
Expenses $\displaystyle 20,000$
$\displaystyle 2,30,000$
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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.