Practicing Success
From the following details of a Not-for-Profit Organisation, calculate amount of Match Fund to be shown in Balance Sheet : Match Expenses = 16,000 |
₹8,000 ₹4,000 ₹20,000 ₹13,000 |
₹4,000 |
The correct answer is Option (2) - ₹4,000. Match fund = 8000 * As it is match fund, a special fund so it will be shown in the liabilities side of balance sheet. |