Calculate the amount of stationery to be posted to Income and
Expenditure Account of Indian Cultural Society for the year ending
31st March, 2018 from the following information :
Particulars 1.4.2017
<
31.3.2018
<
Stock of stationery 21,000 18,000
Creditors for stationery 11,000 23,000
Stationery purchased during the year ended 31st March, 2018 was
< 75,000.
Also, present the relevant items in the Balance Sheet of the society as at
31st March, 2018.
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