Home
Class 12
ACCOUNTS
Calculate amount of mediciness consumed ...

Calculate amount of mediciness consumed the year ended 131st March 2019:
`{:(,,"Rs"),("Opening Stock of Medicines",,"1,00,000"),("Opening Creditors for Medicines",,"90,000"),("Cash Purchases of Medicines during the year",,"3,00,000"),("Closing Stock of Medicines",,"1,50,000"),("Closing Creditors for Medicines",,"1,30,000"):}`

Text Solution

Verified by Experts

The correct Answer is:
Medicines consumed during the year -Rs 2,90,000

N/a
Promotional Banner

Topper's Solved these Questions

  • FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS

    TS GREWAL|Exercise Select the correct Alternative|8 Videos
  • FINANCIAL STATEMENT OF A COMPANY

    TS GREWAL|Exercise EXERCISE|45 Videos
  • GOODWILL: NATURE AND VALUATION

    TS GREWAL|Exercise EVALUATION QUESTIONS: QUESTIONS WITH MISSING VALUES|2 Videos
TS GREWAL-FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ORGANISATIONS-Exercise
  1. From the following information , prepare subscription Account for the ...

    Text Solution

    |

  2. On the basis of the information given below, Calculate the amount of m...

    Text Solution

    |

  3. Calculate amount of mediciness consumed the year ended 131st March 201...

    Text Solution

    |

  4. Calcualte amount to be posted to the income and Expenditure Account f...

    Text Solution

    |

  5. On the basis of the following information calculate amount that will a...

    Text Solution

    |

  6. Calculate the amount that will be posted to the income and Expenditur...

    Text Solution

    |

  7. Calculate the amount of sports material to be transferred to income a...

    Text Solution

    |

  8. How are the following dealt with while preparing the final accounts f...

    Text Solution

    |

  9. How are the following dealt with while preparing the final accounts fo...

    Text Solution

    |

  10. Hor are the following dealt with while preparing the final accounts o...

    Text Solution

    |

  11. From the following information of a Not-for-Profit Organisation show t...

    Text Solution

    |

  12. The book value of furniture on 1st April 2018 is Rs 60,000. Half of th...

    Text Solution

    |

  13. Delhi Youth Club has furniture at a value of Rs. 2,20,000 in its book ...

    Text Solution

    |

  14. In the year ended 31st march 2019 Salaries paid amounted to Rs. 2.04,...

    Text Solution

    |

  15. How are the following items dealt. With while preparing income and exp...

    Text Solution

    |

  16. prepare income and Expenditure account for the year ended 31st March ...

    Text Solution

    |

  17. Prepare income and Expenditure account from the following Receipts an...

    Text Solution

    |

  18. Following is the Receipts and Payments Account of You Bee Forty Club ...

    Text Solution

    |

  19. From the following Receipts and Payments Account of jaipur Sports club...

    Text Solution

    |

  20. Following is the information given in respect of certain items of a sp...

    Text Solution

    |