Question

On the basis of the information given below calculate the amount of stationary to be debited to the income and expenditure account of Good - Health sports club for the year ended 31 march 2018 Stock of stationary on 1 April 2017 Rs 21,000 Stock of stationary on 31 march 2018 Rs 18,000 Creditors for stationary on 1 April 2017 Rs 11,000 Creditors for stationary on 31 march 2018 Rs 23,000 Stationary Purchased during the year ended 31 march 2018 was Rs 75,000 .​

Answer 1

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