Q.9. From the following information, calculate the amount of sports material to be debited to the Income and Expenditure Account of a Sport Club for the year ended March, 2017.
Dear Student,
Amount of Sports Material Consumed:
Regards
Amount of Sports Material Consumed:
Particulars | Amount |
Amount paid for Sports Material | 2,00,000 |
+Stock(2016) | 20,000 |
-Stock(2017) | 15,000 |
-Creditors(2016) | 40,000 |
+Creditors(2017) | 45,000 |
Sports Material Consumed | 2,10,000 |
Regards