Calculate the amount of sports material to be transferred to income and expenditure account of Raman Bhalla Sports Club, Ludhiana, for the year ended 31March 2018
Calculate the amount of sports material to be transferred to income and expenditure account of Raman Bhalla Sports Club, Ludhiana, for the year ended 31March 2018 of Raman Bhalla Sports Club, I ,udhiana, for the year ended 3 1 't March, 2018•.-
Particulars
Amount
i. Sports Material sold during the year (Book Value
56,000
50,000)
ii. Amount aid to creditors fors orts material
iii. Cash urchase Ofs orts material
iv.
v.
vi.
vii.
S rts material as on 31.3.17
S rts Material as on 31.3.18
Creditors fors orts material as on 31.3.17
Creditors fors orts material as on 31.3.18
91 ,000
40,000
50,000
55,000
37 ,ooo
45,000