From the following information of a Not-for-Profit Organisation, show the ‘Sports Materials’ item in the Income and Expenditure Account for the year ended 31st March, 2019 and Balance Sheets as at 31st March, 2018 and 31st March, 2019:
| Particulars | 31st March, 2018 ₹ | 31st March, 2019 ₹ |
| Stocks of Sports Materials | 6,200 | 4,800 |
| Creditors for Sports Materials | 9,800 | 7,200 |
| Advance to Suppliers for Sports Materials | 11,000 | 19,000 |
Payment to suppliers for Sports Materials during the year was ₹ 1,02,000. There were no cash purchases made.
Extract of Income and Expenditure Account
for the year ended March 31, 2019
| Expenditure | Amount (Rs.) | Income | Amount (Rs.) |
| Sports Material Consumed | 92,800 |
Balance Sheet
as on March 2018
| Liabilities | Amount (Rs.) | Assets | Amount (Rs.) |
| Creditors for Sports Materials | 9,800 | Stock of Sports Materials | 6,200 |
| Advance paid for Sports Materials | 11,000 |
Balance Sheet
as on March 2019
| Liabilities | Amount (Rs.) | Assets | Amount (Rs.) |
| Creditors for Sports Materials | 7,200 | Stock of Spors Materials | 4,800 |
| Advance paid for Sports Materials | 19,000 |
Working Note:
Calculation of Sports Material Consumed
| Particulars | Amount (Rs.) |
| Sports Material | 1,02,000 |
| Add: Opening Stock | 6,200 |
| Less: Closing Stock | (4,800) |
| Less: Creditors in the beginning | (9,800) |
| Add: Creditors at the end | 7,200 |
| Less: Advance at the end | (19,000) |
| Add: Advance in the beginning | 11,000 |
| 92,800 |