How are the following items shown in the accounts of a Not-for-Profit Organisation ?
| Rs. | |
| Tournament Fund | 50,000 |
| Tournament Expenses | 15,000 |
| Receipts from Tournament | 20,000 |
Balance Sheet
| Liabilities | Amount (Rs.) | Assets | Amount (Rs.) | |
| Tournament Found | 50,000 | |||
| Add: Tournament Receipts | 20,000 | |||
| Less: Tournament Expenses | (15,000) | 55,000 |
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