Question

26. 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, 2018:
Particulars
₹
0 Sports material sold during the year (Book Value 50,000)
56,000
Amount paid to creditors for sports materials
91,000
Cash purchase of sports material
40,000
Sports material as on 31st March, 2017
50,000
(v) Sports material as on 31st March, 2018
55,000
(vi Creditors for sports material as on 31st March, 2017
37,000
Creditors for sports material as on 31st March, 2018 +
45,000
EEEEEE
(vii)​

Answer 1

Answer:

I don't know did u know mmmmmm

Answer 2

Answer:

Calculate the amount of sports material to be transferred to Income and Expenditure account of Raman Bhalla Sports Club, Ludhiana, for the year