From the following information compute the amount to be debited or created to the income and expenditure account of the following items
sports materials:
opening stock as on 1.1.2009 4,000
purchase of sport materials during 2009 16,000
stock of sports materials on 31.12.2009 6,000
sales of sports materials scrapped 100
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Dr opening stock 4000,purchase of stock materials 16000,
Cr stock of sports materials 6000
Less sales of sports materials scrapped 100
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