Calculate amount of medicines consumed during the year ended 31st March, 2019: | ₹ |
Opening Stock of Medicines | 1,00,000 |
Opening Creditors for Medicines | 90,000 |
Cash purchases of Medicines during the year | 3,00,000 |
Closing Stock of Medicines | 1,50,000 |
Closing Creditors for Medicines | 1,30,000 |
Statement of Medicines Consumed for the year ending March 31, 2019 |
|
Particulars |
Amount Rs |
Cash Purchases of medicines during the year |
3,00,000 |
Add: Opening Stock of Medicines |
1,00,000 |
Less: Closing Stock of Medicines |
1,50,000 |
Add: Closing Creditors of Medicines |
1,30,000 |
Less: Opening Creditors of Medicines |
90,000 |
Amount of Medicines Consumed during the year 2018-19 |
2,90,000 |
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