Calculate the amount of sports material …

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Calculate the amount of sports material to be transferred to Income and
Expenditure account of Segal Sports Club, for the year ended 31st March, 2018:
Particulars Amount (₹ )
Sports Material sold during the year (Book Value ₹ 100,000) 112,000
Amount paid to creditors for sports material 182,000
Cash purchase of sports material 80,000
Sports material as on 31.3.17 100,000
Sports Material as on 31.3.18 110,000
Creditors for sports material as on 31.3.17 74,000
Creditors for sports material as on 31.3.18 90,000
Posted by Ansh Jasuja 6 years ago
- 1 answers
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Harsh Gupta 6 years ago
2Thank You