Question

a) at 00 P.a. (b) at 9% p.a.
(c) at 12% p.a. (d) No interest is charged
4 How will you deal with the following items while preparing the Income and Expenditure Account f
year ending on 31st March, 2019:
Particulars
Amount(*)
Stock of Sports material (01-04-2018)
1.20.000
Amount paid to creditors (during 2018-19)
6,00,000
Creditors for Sports Materials (01-04-2018)
2.00.000
Creditors for Sports Materials (31-03-2019)
160000
Sports Material sold During the year (Book Value Rs.70.000)
30000
Cash Purchases of Sports Material (During the Year 2018-19)
2.60,000
There was zero stock at the end of financial year 2018-19.​

Answer 1

Answer:

2004

Explanation:

rhe hsfudtshowa oppen they