How will you deal with the following items while preparing for the Bombay Women Cricket Club its inc...........

How will you deal with the following items while preparing for the Bombay Women Cricket Club its income and expenditure account for the year ending 31.3.2017 and its Balance Sheet as on 31.3.2017: (5 marks)

		Rs
(a)	Donation received during the year for the construction of a permanent Pavilion	12,25,000
	Expenditure incurred up to 31.3.2017 on its construction	10,80,000
	The total estimated expenditure on construction of Pavilion being	25,00,000

(b)	Tournament Fund:
	Balance as on 1.4.2016	10,700
	Subscriptions for tournament received during the year	65,800
	Expenditure incurred during the year on conducting tournaments	72,400

(c)	Life Membership fee received during the year	28,000