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Q-from the details below, calculate the amoud of medicinal consumedfor the year ended 31t December, 2018ParticularStock on Medicine January 102018 20,000Creditor of Medicine January or2018 15000Amount paid for Medicine, during the year18480ParticularStock of Medicines in December31, 2018 11400Creditors of Medicine onDecember 31, 20187,200​

Answer»

Answer:

AMOUNT of medicine consumed -

Amount PAID for medicine = 18480

(-) creditors for jan.2018. =. 15000

(+) creditors for dec.2018 = 7200

purchase of medicine =. 10680

(+) opening STOCK. = 20000

(-) CLOSING stock. =. 11400

medicine consumed = 19280



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