If opening sports funds is Rs 2,00,000. It is invested separately @ 8% p.a. interest. Expenses made Rs 15,000 during the year on sports tournament which amount of sports fund shown in the balance sheet at the end of the year :
A. Rs 2,01,000
B. Rs 1,99,000
C. Rs 1,85,000
D. Rs 2,16,000
Answer:A
If opening sports funds is Rs 2,00,000. It is invested separately @ 8% p.a. interest. Expenses made Rs 15,000 during the year on sports tournament which amount of sports fund shown in the balance sheet at the end of the year :
A. Rs 2,01,000 B. Rs 1,99,000 C. Rs 1,85,000 D. Rs 2,16,000