What will be the amount ? calculate the amount Of sports material to be transferred
to Income and Expenditure account of Raman Bhalla Sports
Club, Ludhiana, for the year ended 31st March. 2018.-
iii.
V.
vii.
Particulars
Sports Material sold during
the years (Book Value Rs. 50,000)
Amount paid to creditors for
sports material
Cash purchase Of sports material
Sports material as on 31.3.2017
Sports Material as on 31.3.2018
Creditors for sports material
as on 31.3.17
Creditors for sports material
as on 31.3.2018
2
Amount (Rs.)
56,000
90,000
40,000
50,000
55,000
37 ,ooo
45,000
