Interest received on special fund investments will be added to ________ fund in the balance sheet.

Investment

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Bank

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General

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Special

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Solution

The correct option is C Special
Special fund is an earmarked fund which is kept to use for the specific activity. Interest received on such funds must be added to the special fund in the balance sheet.

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Show how will you deal with the following items while preparing the Balance Sheet of a Club as at 31st March, 2018.

$\begin{matrix} Rs Sports Fund & 5, 00, 000 10 % Sports Fund Investments on 1st April, 2017 & 5, 00, 000 Interest Received on Sports Fund Investments & 37, 500 Donations for Sports Fund & 1, 20, 000 Sports prizes awarded & 1, 00, 000 Expenses on sports events & 15, 000 \end{matrix}$

Following is the information given in respect of certain items of a Sports Club. Show these items in the Income and Expenditure Account and the Balance Sheet of the Club:

Particulars	Rs
Sports Fund as on 1.4.2005	35,000
Sports Fund Investments	35,000
Interest on Sports Fund	4,000
Donations for Sports Fund	15,000
Sports Prizes awarded	10,000
Expenses on Sports Events	4,000
General Fund	80,000
General Fund Investments	80,000
Interest on General Fund Investments	8,000

Following is the information in respect of certain items of a Sports Club. You are required to show them in the Income and Expenditure Account and the Balance Sheet.

Details	Amount Rs
Sports Fund as on April 1, 2005	80,000
Sports Fund Investments	80,000
Interest on Sports Fund Investments	8,000
Donations for Sports Fund	30,000
Sports Prizes awarded	16,000
Expenses on Sports Events	7,000
General Fund	2,00,000
General Fund Investments	2,00,000
Interest on General Fund Investments	20,000

Following is the information given in respect of certain items of a Sports Club. Show these items in the Income and Expenditure Account and the Balance Sheet of the Club:

Particulars	Rs
Sports Fund as on 1.4.2005	35,000
Sports Fund Investments	35,000
Interest on Sports Fund	4,000
Donations for Sports Fund	15,000
Sports Prizes awarded	10,000
Expenses on Sports Events	4,000
General Fund	80,000
General Fund Investments	80,000
Interest on General Fund Investments	8,000

Following is the information in respect of certain items of a Sports Club. You are required to show them in the Income and Expenditure Account and the Balance Sheet.

Details	Amount Rs
Sports Fund as on April 1, 2016	80,000
Sports Fund Investments	80,000
Interest on Sports Fund Investments	8,000
Donations for Sports Fund	30,000
Sports Prizes awarded	16,000
Expenses on Sports Events	7,000
General Fund	2,00,000
General Fund Investments	2,00,000
Interest on General Fund Investments	20,000

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Interest received on special fund investments will be added to ________ fund in the balance sheet.

The correct option is C SpecialSpecial fund is an earmarked fund which is kept to use for the specific activity. Interest received on such funds must be added to the special fund in the balance sheet.

The correct option is C Special
Special fund is an earmarked fund which is kept to use for the specific activity. Interest received on such funds must be added to the special fund in the balance sheet.