Question:

Calculate the amount of sports material consumed for the year ended 31st March 2016
Stock of sports material on 1.4.2015 7,500 
Creditor for sports material on 1.4.20152,000
Stock of sports material on 31.3.20166,200
Amount paid for sports material during the year 2015-16 
 17,000
Advance paid for sports material as on 31.3.20163,500 
Creditor for sports material on 31.3.20161,200

Updated On: Sep 23, 2024
  • 17,000
  • 15,000
  • 16,200
  • 14,000
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The Correct Option is D

Solution and Explanation

The correct option is (D) : 14,000
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