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
(iv) 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
(va Creditors for sports material as on 31st March, 2019
56,000
91,000
40,000
50,000
55,000
37,000
45,000
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Answer:
Your answer is 424000
Explanation:
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