CUET UG Accountancy 28 May 2023 Shift 3

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Question : 27 of 50

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If there appears a Tournament Fund, then the expenses incurred on Tournament activities will be shown:

on the debit side of Income and Expenditure Account
on the credit side of Income and Expenditure Account
by way of adding to the Tournament Fund
by way of subtracting/deducting from Tournament Fund

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