1.

On the basis of information given below, calculate the amount of medicines to be debited to the Income and Expenditure Account of Good Health Hospital for the year ended 31st March, 2019: Particulars 1st April, 2018 (₹) 31st March, 2019 (₹) Stock of Medicines 1,75,750 1,44,650 Creditors for Medicines 15,06,900 18,20,700 Medicines purchased during the year ended 31st March, 2019 were ​​₹ 60,80,700.

Answer» On the basis of information given below, calculate the amount of medicines to be debited to the Income and Expenditure Account of Good Health Hospital for the year ended 31st March, 2019:



























Particulars


1st April, 2018

(₹)

31st March, 2019

(₹)
Stock of Medicines 1,75,750 1,44,650

Creditors for Medicines


15,06,900


18,20,700




Medicines purchased during the year ended 31st March, 2019 were ​​₹ 60,80,700.


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