The balance of Match Fund = ₹1000, sports expenses- ₹5000, and sale of match tickets - ₹3000. How will it be shown in the Income and expenditure Account?

₹5000 on Expenditure Side ₹1000 on Expenditure Side ₹1000 on Liability side ₹2000 on Income side

₹1000 on Expenditure Side

Exp. (1000+3000-5000) =1000 as an expense on Expenditure side.