Q.5. From the following information, calculate the amount of sports material to be debited to
the Income and Expenditure Account of a Sports Club for the year ended 31st March, 2020:
3
Balance of Sports Material as on 1st April, 2019
20,000
Balance of Sports Material as on 31st March, 2020
15,000
Creditors for Sports Material as on 1st April, 2019
40,000
Creditors for Sports Material as on 31st March, 2020
45.000
Payment made for Sports Material Creditors during the year ended
31st March, 2020
2,00,000
(Delhi 2009 Modified)
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