question_answer

Find out the cost of medicines consumed during 2017-18 from the following information:

Particulars	Amt (Rs.)
Payment for Purchase of Medicines	13,32,000
Creditors for Medicine Purchased
On 1st April, 2017	90,000
On 31st March, 2018	61,200
Stock of Medicines
On 1st April, 2017	2,23,200
On 31st March, 2018	1,94,400
Advance to Supplies of Medicines
On 1st April, 2017	41,400
On 31st March, 2018	65,520

Answer:

Cost of medicine consumed = Rs. 13,07,880