Please answer the question of NPO
Solution:-
BALANCE SHEET: EXTRACT
BALANCE SHEET: EXTRACT
| Liabilities | Amount | Assets | Amount |
| Tournament Fund | 400,000 | 12% Building Fund Investment | 600,000 |
| Building Fund 600,000 Donation for Building Fund 150,000 Less : Building Expenses (700,000) | 50,000 | ||
| Interest on Building Fund Investment | 40,000 | ||