Question

Calculate the amount of Sports Goods that
will be debited to Income and
expenditure account for the year ended
31'st March, 2019 in both the cases:
Particulars
a) Amount paid for
Goods during the
year ended 31st March 2019 = 1,08,000

Stock of sports goods in
hand on 31st march 2019 =
5,000
b) Stook of sports Goods on
1st April 2018 =
30.000
Payment made for goods
during the year ended 31st
March 2019 =
1,08,000
stock of sports goods in hand
on 31st March 2019 =
5,000​

Answer 1

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