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How will you deal with the following items while preparing for the Bombay Women Cricket Club its income and expenditure account for the year ending 31

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How will you deal with the following items while preparing for the Bombay Women Cricket Club its income and expenditure account for the year ending 31.3.2017 and its Balance Sheet as on 31.3.2017:
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Correct Answer - (a) Balance of Pavilion Fund Rs. 1,45,000; (b) Balance of Tournment Fund Rs. 4,100; (c) Life Membership fee to the Capitalised
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