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From the following information, calculate the amount of sports material that will be debited to the ‘Income and Expenditure Account’ of Bright Sports Club for the year ended 31-3-2019. Particulars 1st April, 2018 31st March, 2019 (`) (`) Stock of Sports Material 1,10,000 1,50,000 Creditors for Sports Material 25,000 60,000 Advance paid for Sports Material 25,000 70,000 Additional Information : Cash purchase of sports material during the year was ` 2,50,000. ` 1,50,000 were paid to the creditors of sports material.

Posted by Anushka Sharma 5 years, 3 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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