Given below is the financial information of a NPO Mahamaya Sports Club for the year ending 31-03-2022.

Amount of Match fund to be shown in Balance Sheet will be:

₹8,000

The correct answer is Option (1) → ₹8,000

Starting Match Fund: ₹16,000
Add: Donation for Match Fund: ₹10,000
Add : Sale of match tickets 14,000
 = (16000 + 10000 + 14000)
 = ₹40,000

Less: Match Expenses=  ₹32,000
       = (40000 - 32000)
       = 8,000