Bt if..tournament expenses is more than tournament fund...then wht we have to do in that case..?

Dear Student
If tournament expenses are more than tournament fund than excess of tournament expenses will be shown in expenditure side of income and expenditure account.
For example tournament fund  Rs 10000     
    tournament expenses is Rs 12000
than (12000- 10000) i.e. Rs 2000 will be shown in expenditure side of income and expenditure account.

Regards

  • 1
when tournament expenses are more than the tournament fund then the tournament expenses will come in I&E A/C at exp. Side as. Tournament expenses
  • 5
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