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: Mar 12, 2025
  • 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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