Calculate the amount of stationery that will be debited to Income and Expenditure Account for the year ended 31st March 2019:
`" (a) Amount paid for stationery during the year ended 31st March 2019 "" "54,000`
`"Stock of stationery in hand on 31st March 2019 "" "2,500`
`" (b) Stock of stationery on 1st April 2018 "" "15,000`
`" Payment made for stationery during the year ended 31st March 2019"" "54,000`
`" Stock of stationery in hand on 31st March 2019 "" " 2,500`

Answer

N/a

Explanation

`" (a)Payment made for stationery during the year ended 31st March 2019"" "54,000`
`" Less : Stock of stationery in hand on 31st March ,2019 "" "2,500`
Stationery consumed during the year ended 31st March , 2019
`" bebited to Income and Expenditure" A//c " "51,5000`
`" (b) Opening Stock of stationery (1st April , 2018) "" "15,000`
`" Add: Payment ,made during the year"" "(54,000)/(69,000)`
`" Less : Stock of stationery (31st March 2019)"" " 2,500`
Stationery consumed during the year ended 31st March, 2019
`" debited to Income and Expenditure" A//c" "66,500`