Based on the following information, select the amount that is to be shown in the Balance Sheet of a Not-for-Profit organisation.

No effect on Balance Sheet

The correct answer is option 3- No effect on Balance Sheet.

Match fund = 8,000
Add: Donation = 5,000
Add: income from sale of ticket = 1,000
Less: match expense = 16,000
                                = (8,000 + 5,000 + 1,000 - 16,000)
                                = (-2000)

As the figure is -2000, it will be shown on the debit side of income and expenditure account. Thus, there will no effect on balance sheet.