The opening balance of Prize Fund was Rs 32,800. During the year, donations received towards this fund amounted to Rs 15,400, amount spent on prizes was Rs 12,300 and interest received on prize fund investment was Rs 4,000. The closing balance of Prize Fund will be :

Class 12 Accounts in Class 12 3 years ago

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RS 56,500
Rs 64,500
Rs 39, 900
Rs 31,900

Answer :C

Posted on 04 Dec 2021, this text provides information on Class 12 related to Accounts in Class 12. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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