From the following information of a charitable dispensary, calculate the amount of medicines consumed during the year that would appear in the Income and Expenditure Account for the year ending 31st March, 2019:

ParticularsAmount Rs.
Stock of medicines on 1.4.201860,000
Creditors for medicines 1.4.201840,000
Stock of medicines 31.3.201910,000
Creditors for medicines 31.3.201925,000
Advances for medicines 31.3.201922,000
Credit purchases of medicines during the year2,76,000
Cash purchases of medicines during the year46,500

Marks-3, CBSE:2019-20/Main/01/Q-14*

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