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Shift 07/06/2023 3:30 PM - 6:30 PM
Correct Answer
The sale of used sports materials like balls, nets, and bats would be treated as a revenue-generating activity for the sports club. In the context of accounting for such transactions in a sports club's financial statements, it would typically be recorded in the income and expenditure account, which is specifically designed for non-profit organizations such as sports clubs.
Based on this, the correct answer is (4) Credit side of Income and Expenditure Account.
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