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, 2019
31st March, 2020
9,200
23,600
Creditors for Stationery
Stock of Stationery
30,000
60.800
During the year ended 31st March, 2020, payment made to creditors amounted to
1,13,600. Stationery purchased in cash during the year was 20% of the total purchase
of stationery​

Answer 1

Explanation:

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