Total Match Fund = Opening Match Fund + Donation for Match Fund + Sale of match tickets
=20,000+15,000+5,000=40,000.
Less: Match Expenses 30,000.
Balance Match Fund = 40,000−30,000=10,000, shown on the liabilities side of the Balance Sheet.
Show the following information in financial statements of a Non-Profit Organisation
| Detail | Amount (Rs.) |
|---|---|
| Match Fund | 20,000 |
| Match Expenses | 30,000 |
| Donation for match fund | 15,000 |
| Sale of match ticket | 5,000 |
Held on 15 Jul 2022 · Verified 13 Jul 2026.
(Rs.) 30,000 will be shown in liability side of Balance Sheet.
(Rs.) 10,000 will be shown in liability side of Balance Sheet.
(Rs.) 10,000 will be shown in Income side of Income and Expenditure a/c.
(Rs.) 30,000 will be shown in Income & Expenditure a/c.
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