Pls answer this question...experts
Dear Student
Part (i) of the question solved below:
Statement showing amount of medicine consumed
for the year ended 31st march 2019
For (ii) part post in seprate thread for quick response.
Regards
Part (i) of the question solved below:
Statement showing amount of medicine consumed
for the year ended 31st march 2019
Particulars | Amount |
Amount paid for medicines during the year | 200000 |
(+) Opening stock of medicines | 50000 |
(-) Closing stock of medicines (45000 +50000) | (95000) |
(-) Opening creditors | (20000) |
(+) Closing creditors (50% x 20000) | 10000 |
Amount of medicines consumed during the year | 145000 |
For (ii) part post in seprate thread for quick response.
Regards