Question

Karunya Trust runs a charitable hospital. How will be the following items dealt while preparing Income and Expenditure Account for the year ended 31 st March, 2020 and Balance Sheet as at that date. (4) Particulars 01-04 2019 (₹) 31-3-2020 (₹) Stock of medicines Creditors for medicines Advance paid for medicines 31-03-2020. Advance paid for medicines carried from the year ended 31-03-2019, Amount paid for medicines during the year 30,000 20,000 5,000 13,000 13,000 2,000 1,08,000

Answer 1

Answer:

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