Question

OR
From the given information of a Satya Narayan Hospital, calculate the amount of medicines consumed
during the year 2018-19.
Particulars
Amount
Payment for purchase of medicines
5,10,000
Creditors for medicines purchased :
On 01.04.2018
34,000
On 31.03.2019
29,000
Stock of Medicines :
On 01.04.2018
86,000
On 31.03.2019
39,000
Advance to suppliers of Medicines :
On 01.04.2018
26,000
On 31.03.2019
32,000​

Answer 1

Answer:

opening stock +purchase during the year - closing stock

=86000+510000-39000= 5,57,000