Question

(CBSE Sample Paper 2018, Modified
30. Calculate the amount that will be posted to the income and Expenditure Account for the year ended
31st March, 2020:
Stock of Stationery on 1st April, 2019
30,000
Creditors for Stationery on 1st April, 2019
20,000
2,000
Advances paid for Stationery carried forward from the year ended 31st March, 2019
1,08,000
Amount paid for Stationery during the year ended 31st March, 2020
5,000
Steck of Stationery on 31st March, 2020
13,000
Creditors for Stationery on 31st March, 2020
3,000
Advance paid for Stationery on 31st March, 2020​

Answer 1

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