Show the following information in the Balance Sheet of Ashoka Club as on 31.3.2021 :
| Particulars | Dr. (₹) | Cr. (₹) |
|---|---|---|
| Tournament Fund | 2,50,000 | |
| Tournament Fund Investment | 2,50,000 | |
| Tournament Expenses | 20,000 |
Class 12 · Accountancy · CBSE Board · 2019–2022
Accounting for Not-for-Profit Organisations — Class 12 Accountancy PYQs
39 questions from this chapter, asked in 3 Class 12 exams between 2019–2022 — every question paper set included, duplicates removed.
39questions
3Class 12 exams
2019–2022years covered
1 / 2 / 3 / 4 / 5 / 6mark values asked
Questions asked per year
Practice questions first 10 of 39 — free
Show the following information in the Balance Sheet of Navjeevan Club as on 31.3.2021.
Particulars Amount (₹)
Prize fund as on 1-4-2020 2,00,000
Donations for Prize Fund received during the year 80,000
Prizes awarded during the year 2020-21 60,000
Show the following information in the Balance Sheet of Aman Welfare Club as on 31.3.2021.
Particulars Amount (₹)
Tournament Fund on 1-4-2020 18,00,000
Donation for Tournament 5,00,000
Tournament expenses 22,00,000
Distinguish between 'Receipts and Payments Account' and 'Income and Expenditure Account' on the basis of the following :
Distinguish between 'Receipts and Payments Account' and 'Income and Expenditure Account' on the basis of the following :
Distinguish between 'Receipts and Payments Account' and 'Income and Expenditure Account' on the basis of the following :
(b) Show the following information in the Balance Sheet of 'Royal Sports Club' for the year ended 31st March, 2021 :
| Details | Amount (₹) |
|---|---|
| Match expenses | 10,000 |
| Match fund | 70,000 |
| Donation for Match fund | 20,000 |
| Sale of match tickets | 10,000 |
From the following information of 'Kapoor Sports Club', calculate the amount of 'sports material' to be debited to 'Income and Expenditure Account' for the year ended 31st March, 2021 :
| Details | Amount (₹) |
|---|---|
| Stock of sports material as on 1st April, 2020 | 40,000 |
| Creditors for sports material as on 1st April, 2020 | 8,000 |
| Stock of sports material as on 31st March, 2021 | 20,000 |
| Amount paid for sports material during the year 2020 – 21 | 90,000 |
| Creditors for sports material as on 31st March, 2021 | 10,000 |
From the following information, calculate the amount of sports material that will be debited to the Income and Expenditure Account of Arjun Sports Club for the year ended 31st March, 2021.
| Particulars | 1st April, 2020 (₹) | 31st March, 2021 (₹) |
|---|---|---|
| Stock of Sports Material | 1,50,000 | 2,20,000 |
| Creditors for Sports Material | 35,000 | 65,000 |
Additional Information :
During the year, ₹ 2,80,000 were paid to the creditors of sports material.
(a) From the following information, calculate the amount of sports material that will be debited to the Income and Expenditure Account of Arjun Sports Club for the year ended 31st March, 2021.
| Particulars | 1st April, 2020 (₹) | 31st March, 2021 (₹) |
|---|---|---|
| Stock of Sports Material | 1,50,000 | 2,20,000 |
| Creditors for Sports Material | 35,000 | 65,000 |
Additional Information :
During the year, ₹ 2,80,000 were paid to the creditors of sports material.
Why practise Accounting for Not-for-Profit Organisations PYQs?
Accounting for Not-for-Profit Organisations has appeared in 3 Class 12 Accountancy exams we track between 2019–2022, with questions worth 1, 2, 3, 4, 5, 6 marks. CBSE Board examiners consistently reuse concepts and question patterns from this topic — practising its previous year questions is the most reliable way to know exactly what to expect in your exam.
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