Question

29. Calculate the amount of sports material to be transferred to Income and Expenditure Account of
Raman Bhalla Sports Club, Ludhlana, for the year ended 31st March, 2019:
Particulars
56,000
91.000
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
Creditors for sports material as on 31st March, 2019
50.000
55,200
37.000
45.000
(CBSE Sample Paper 2018 Mode
(Ans.: Amount to be shown in Income and Expenditure A/C-84.002.)​

Answer 1

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