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What will be the amount of medicines consumed by Amana Charitable Hospital to be debited to the Income and Expenditure Account if the following information
What will be the amount of medicines consumed by Amana Charitable Hospital to be debited to the Income and Expenditure Account if the following information is given?
Amount Particulars (*) 60,000 80,000 30.000 (i) Medicines sold during the year (Book Value 40,000) (ii) Amount paid to the creditors of medicines (iii) Cash Purchases of Medicines (iv) Stock of medicines as on 31.3.18 (v) Stock of medicines as on 31.3.19 (vi) Creditors for medicines as on 31.3.18 (vii) Creditors for medicines as on 31.3.19 45,000 50,000 35,000 60,000
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