Question

Calculate the amount to be debited to Income and expenditure A/C from the following information for

2019-20

Particulars 1

st April 2019

(₹ )

31st March 2020

(₹ )

Stock of sports Materials

Creditors for sports Material

2,600

2,400

4,600

2,660

Amount paid for sports material paid during the year 5,780​

Answer 1

Explanation:

5780

add:2600

add:2660

less;4600

less:2400

amount to be detentend in the p/L a/c=4040