12th Class Accountancy Sample Paper Accountancy - Sample Paper-15

  • question_answer
    Calculate the amount of stationery to be debited to income and expenditure account.
    Amt (Rs.)
    (i) Stock of stationery on 1st April, 2017 7,500
    (ii) Creditors for stationery on 1st April, 2017 5,500
    (iii) Advance paid for stationery on 31st March, 2017 1,500
    (iv) Amount paid for stationery during the year 17,000
    (v) Stock of stationery on 31st March, 2018 3,500
    (vi) Creditors for stationery on 31st March, 2018 1,600
    (vii) Advance paid for stationery on 31st March, 2018 1,200

    Answer:

    Amount of stationery consumed = Rs.17,400


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