Calcualte amount to be posted to the income and Expenditure Account for the year ended 31st March 2019:
(i) Amount paid for stationery during the year ended 31st March 2019-Rs 5,400, Stock stationery in Hand on 31st March 2019-Rs 250.
(ii) Stock of stationery in Hand on 1st April 2018 -Rs. 1,500, Payment made for Stationery during the year ended 31st March 2019-Rs 5,400, Stock of Stationery in Hand on 31st March 2019-Rs 250.
(iii) `{:(,,"Rs"),("Stock of Stationery on 1st April 2018",,"1,500"),("Creditors for Stationery on 1st April 2018",,"1,000"),("Amount paid for Stationery during the year",,"5,400"),("Stock of Stationery on 31st March ",,"250"):}`

Answer

Stationery Used : (i) Rs 5,150 ; (ii) Rs 6,650 ; (iii) Rs 5,650

Explanation

N/a