Question

Creditors for medicines Amount paid for medicines during the year (Ans. Amount to be debited to Income and Expenditure A/c 62,100] 31-3-15 30,000 5,000 16. (Sports Material Consumption/B/S Treatment) Show the treatment of the following items in Income and Expenditure Account for the year ending 31-3-15 and Opening Balance Sheet and 31-3-14 20,000 Stock of Sports material 6,000 Amount due to suppliers 3,000 Advances to suppliers of sports material 1,000 During the year ending 31-3-15, the payments made to creditors amounted to 40,000 and cash purchases amounted to 7,000 [Ans. Sports materials used 38,000] Cololate what amount should be posted to Income and​

Answer 1

Answer:

answer will be provided soon

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Answer 2

Answer:

also gala pup in my opinion