[ISC] Q 11 Non-Trading Organisation Solution TS Grewal Class 11 (2023-24)

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Solution of Question number 11 Non Trading Organisation (NPO) Chapter TS Grewal class 11 ISC Board for 2023-24 Session?

On the basis of information given below, calculate the amount of medicines to be debited to the income & Expenditure Account of Good Hospital for the year ended 31st March, 2023:

Particulars1st April,
2022 (₹)
31st March,
2023 (₹)
Stock of Medicines
Creditors for Medicines
1,75,750
15,06,900
1,44,650
18,20,700

Medicines purchased during the year ended 31st March, 2023 were ₹ 60,80,700.

Solution:-

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