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Question 1: NPO PRACTICAL PROBLEMS (Calculation of Drugs Consumed during the year)

Question 1:

NPO PRACTICAL PROBLEMS 
(Calculation of Drugs Consumed during the year)
From the information given below calculate the amount of Drugs consumed in a hospital, during the year 2012-2013. Show its presentation in Income and Expenditure Account and Balance Sheet as on 31-03-2013.

Stock of drugs in hand
On 01 - 04 - 2012 Rs. 25,000
On 31 - 03 - 2013 Rs. 27,000
Drugs purchased during the year
Rs. 1,20,000
Bill of drugs payable on 31 - 03 - 2013
Rs. 19,500