Question

1
2. On 1st April 2019 stock of Stationery was 90,000 and creditors of stationery were 60.000
Creditors
of stationery on 31st March 2020 were 10.000 Payment to creditors during the year
3,00,000. If stock of stationery on 31st March 2020 is 1/5th of the stationery which
was
consumed in 2019-20 then amount of stationery which is to be shown at assets side Balance
Sheet on 31 March 2020 will be
(a) 84.000
(c) 70.000
() 60,000
(None of these​

Answer 1

Answer:

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Explanation:

Statement of Stationery Consumed

Statement of Stationery Consumedfor the year ended March 31, 2019

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-19

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)24,000

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)24,000Less: Creditors in the beginning (as on April 01, 2018)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)24,000Less: Creditors in the beginning (as on April 01, 2018)(25,600)

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)24,000Less: Creditors in the beginning (as on April 01, 2018)(25,600)Amount of Stationery be shown in Income and Expenditure Account

Statement of Stationery Consumedfor the year ended March 31, 2019Particulars Amount (₹)Amount paid for Stationery during the year 2018-191,40,000Add: Opening Stock (as on April 01, 2018)12,000Less: Closing Stock (as on March 31, 2019)(23,200)Add: Creditors at the end (as on March 31, 2019)24,000Less: Creditors in the beginning (as on April 01, 2018)(25,600)Amount of Stationery be shown in Income and Expenditure Account 1,27,200

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