Calculate the amount of medicines consumed during the year ended 31st March, 2019:
Particulars
Opening Stock of Medicines
Closing Stock of Medicines
Amount paid for medicines during the year
Opening Creditors
Closing Creditors
50,000
45,000 more than Opening Stock
* 2,00,000
20,000
50% of Opening Creditors
(CBSE Sample Paper 2019)
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Answer:
Medicines consumed during the year= 2,90,000
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