Calculated the amount that will be posted to income and expenditure account in respect of stationary for the year ended 31st March, 2020. ₹ Stock of stationary as on 1st April, 2019 3,000 Outstanding creditors for stationary as on 1st April, 2019 2.000 Stock of stationary as on 31st March, 2020 1,000 Outstanding creditors for stationary as on 31 March, 2020 1,500 26.000 Amount paid for stationary creditors during the year.
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amt paid to creditors 26000
+ closing creditors 1500
- opening creditors. 2000
purchases. ----------
25500
+ opening stock. 3000
- closing stock. 1000
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27500 answers
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