How will be the following items dealt in preparing the Income and Expenditure Account for the year ended 31st March, 2020 and a Balance Sheet as on that date? As at 1st April, As at 31st March, 2019 (`) 2020 (`) Suppliers for Sports Material 11,500 29,500 Stock of Sports Materials 37,500 76,000 During the year 2019-20, the payment made to these Suppliers amounted to 1,42,000 and Cash purchases amount to 40,000.

How will be the following items dealt in preparing the Income and Expe

1.	How will be the following items dealt in preparing the Income and Expenditure Account for the year ended 31st March, 2020 and a Balance Sheet as on that date? As at 1st April, As at 31st March, 2019 (`) 2020 (`) Suppliers for Sports Material 11,500 29,500 Stock of Sports Materials 37,500 76,000 During the year 2019-20, the payment made to these Suppliers amounted to 1,42,000 and Cash purchases amount to 40,000.
Answer» Creditors for sports MATERIALS, 18,000, 41,000 ... INCOME & Expenditure A/c for the year ENDED 31ST MARCH 2019 ... Creditors for Sports Material, 41,000, Stock of Sports Material, 38,000 ...

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ख्याति का मूल्यांकन5. एक फर्म की ख्याति की राशि गत चार वर्षों के औसत लाभके तीन गुने के बराबर आंकी जाती है। ख्याति की राशि ज्ञातकीजिए जबकि गत चार वर्षों के लाभ इस प्रकार हैं : प्रथमवर्ष लाभ 5,000 ₹, द्वितीय वर्ष हानि 500 ₹, तृतीय वर्षलाभ 3,000 ₹, चतुर्थ वर्ष हानि 1,500 ₹।(उत्तर : ख्याति 4,500 )
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