The Receipts and Payments Account of Lead Sports Club showed payment for sports materials as Rs. 46,000 for the year ended 31st March 2022. Additional Information provided is as follows : | Details | 31st March 2021 | 31st March 2022 | | --- | --- | --- | | Stock of sports Materials | Rs. 8,000 | Rs. 6,000 | | Creditors | Rs. 18,000 | Rs. 5,000 | Calculate the amount of Sports Materials consumed during the year ended 31st March 2022.

Question

Option 1: Rs. 48,000

Option 2: Rs. 35,000

Option 3: Rs. 57,000

Option 4: Rs. 46,000

AfterBoards · Accepted Answer

The answer is 'Rs. 35,000'. View full solution:

CUET Accountancy 2022 20 July Shift 1 PYQs

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