Question

From the following information, calculate the amount that will be shown against Stationery
Account in Income and Expenditure Account for the year ended 31st March, 2020:
Particulars
1st April 31st March,
2019 (5) 2020 )
Creditors for Stationery
4,600
11,800
Stock of Stationery
15,000 30,400
During the year ended 31st March, 2020, payment made to creditors amounted to 56,800.
Stationery purchased in cash during the year was 20% of the total purchase of stationery.
Solution:​

Answer 1

Answer:

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