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How will the following appear in the final accounts of Vedaranyam Sports club? Particulars ₹ Opening stock of bats and balls 3,000 Purchase of - Accountancy

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प्रश्न

How will the following appear in the final accounts of Vedaranyam Sports club?

Particulars
Opening stock of bats and balls 3,000
Purchase of bats and balls during the year 17,000
Sale of old bats and balls 2,000
Closing stock of bats and balls 4,000
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उत्तर

Dr. Income and Expenditure Account for the year ended Cr.
Expenses Income
To Opening stock 3,000   By Sale of Old Bats and Balls 2,000
(+) Purchased 17,000      
  20,000      
(−) Closing stock 4,000 16,000    

Balance Sheet as on ___________

Liabilities Assets
      Closing stock of Bats and Balls 4,000
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पाठ 2: Accounts of not–for–profit organisation - Exercises [पृष्ठ ७५]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 2 Accounts of not–for–profit organisation
Exercises | Q IV 15. | पृष्ठ ७५
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