Question : Calculate the amount of stationery to be debited to the Income and Expenditure Account of Good Health Sports Club for the year ended 31st March, 2020:

Stationery purchased during the year ended 31st March, 2020 was Rs. 4,70,000.

Option 1: Rs 4,80,000

Option 2: Rs 4,90,000

Option 3: Rs 4,70,000

Option 4: None of the above

Question : Delhi sports club for the year ending 31st march 2022 amounted to Rs. 4,00,000. How much amount to be recorded in Income and Expenditure Account after considering the following information:

Option 1: Rs. 4,16,000

Option 2: Rs. 4,08,000

Option 3: Rs. 4,10,000

Option 4: Rs. 3,84,000

Question : On the basis of the information given below, calculate the amount of stationery to be debited to Income and Expenditure Account of Good Health Sports Club for the year ended 31st March, 2020:                   
                                                                          April 1, 2019          March 31, 2020

Stock of stationery                                                80,000                      60,000

Creditors for stationery                                          90,000                  1,10,000

Stationery purchased during the year ended 31st March 2020 was Rs 4,70,000.

Option 1: Rs.5,10,000

Option 2: Rs.5,00,000

Option 3: Rs.4,90,000

Option 4: Rs.5,20,000

Question : On the basis of the information given below, calculate the amount of stationery to be debited to Income and Expenditure Account of Good Health Sports Club for the year ended 31st March, 2020:                   
                                                                         1-04-2019                    31/03/2020

 Stock of stationery                                              80,000                           60,000

Creditors for stationery                                         90,000                        1,10,000

Stationery purchased during the year ended 31st March 2020 was Rs. 4,70,000.

Option 1: Rs.5,00,000

Option 2: Rs.5,10,000

Option 3: Rs.4,20,000

Option 4: Rs.5,70,000

Question : From the following information given in respect of certain items of a Sports Club. 

Sports fund as on 1st April 2020 Rs 1,50,000

Sports Fund Investment  Rs 3,50,000

Interest on sports fund Investment Rs 40,000

Donation for sports fund Rs 1,50,000

Sports Prize awarded Rs 1,00,000

Expenses on Sports event Rs 40,000

Calculate the balance of Sports Fund as on March 31, 2021.

Option 1: Rs 4,40,000

Option 2: Rs 7,50,000

Option 3: Rs 2,00,000

Option 4: Rs 3,90,000