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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
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Harsh Gupta 6 years ago

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