Sports material consumed = Opening stock + Purchases - Closing stock. Since this is the academy's first year, opening stock = NIL. Purchases = Rs.27,000 and closing stock = NIL. Therefore sports material consumed = 0 + 27,000 - 0 = Rs.27,000.
Sports material consumed during financial year 2022-2023 will be of
Held on 16 Jul 2022 · Verified 13 Jul 2026.
Rs.27,000
Rs.17,000
Rs.20,000
Rs.47,000
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Work through every CUET UG Financial Statements PYQ, year by year.