From the following information of a Not-for-Profit Organisation show the sports Materials item in the income and Expenditure account for the year ended 31st march 2019 and Balance Sheets as at 31st March 2018 and 31st March 2019:

Payments to suppliers for sports materials during the year was Rs. 1,02,000. There were no cash purchases made.

Answer

Sports Materials Consumed to be debited to income and Expenditure Account (31st march 2019)-Rs 92,800; Purchase of Sports Material -Rs 91,400;
`{:("Balance Sheet as at",,,,"31st March 2018(Rs)",,"31st March 2019(Rs)"),("Liabilities side",,"Creditors for Sports Materials",,"6,200",,"4,800"),("Assets side",,"Stock of sports Materials",,"6,200",,"4,800"),(,,"Advance to Suppliers for",,,,),(,,"Sports Materials",,"11,000",,"19,000"):}`

Explanation

N/a