Question

24,000
29. Calculate the amount of sports material to be transferred to income and Expenditure Account of
Raman Bhalla Sports Club, Ludhiana, for the year ended 31st March, 2019:
Particulars
Sports material sold during the year (Book Value? 50,000)
Amount paid to creditors for sports materials
Cash purchase of sports material
liv Sports material as on 31st March, 2018
(V Sports material as on 31st March, 2019
(vi) Creditors for sports material as on 31st March, 2018
(vi) Creditors for sports material as on 31st March, 2019
56,000
91,000
40,000
50,000
55,000
37,000
45,000​

Answer 1

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