+2 votes
in Class 12 by kratos

Calculate the amount that will be posted to the income and Expenditure Account for the year ended 31st March, 2018:

| Stock of Stationery on 1st April, 2017 | Rs.30,000 |
| Creditors for stationery on 1st April, 2017 | Rs.20,000 |
| Advances paid for stationery carried forward from the year ended 31st March,2017 | Rs.2,000 |
| Amount paid for Stationery during the year ended 31st March,2018 | Rs.1,08,000 |
| Stock of stationery on 31 st March,2018 | Rs.13,000 |
| Advance paid for Stationery on 31st March,2018 | Rs.3,000 |

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+2 votes
by kratos
 
Best answer

Statement of stationery for the year ended March 31,2018

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