How will you deal with the following items while preparing for Bombay Cricket Club, its Income and Expenditure A/c and Balance s

Tournament Investments Rs. 25,000/- will be shown on the assets side of the balance sheet. The tournament fund will be shown on the liability side of the balance sheet as follows:

How will you deal with the following items while preparing for Bombay Cricket Club, its Income and Expenditure A/c and Balance sheet for 2008?

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