From the following information of a Non-for-Profit-Organisation, show the ‘Sports Materials’ in the Income & Expenditure Account for the year ended 31st March, 2023
From the following information of a Non-for-Profit-Organisation, show the ‘Sports Materials’ in the Income & Expenditure Account for the year ended 31st March, 2023 and the Balance Sheets as at 31st March, 2022 and 31st March, 2023:
Particulars | 31st March, 2022 (₹) | 31st March, 2023 (₹) |
Stock of Sports Materials Creditors for Sports Materials Advance to Suppliers for Sports Materials | 6,200 9,800 11,000 | 4,800 7,200 19,000 |
Payment to suppliers for Sports Materials during the year was ₹ 1,02,000. There were no cash purchases made.
Anurag Pathak Changed status to publish February 7, 2024