Question

Q.14. Calculate what amount will be posted to Income & Expenditure A/c for the year end 31 March, 2019:
(i) Stock of stationery on 1st April, 2018 7,000 (ii) Creditors of stationery on 1st April, 2018 4,000
(iii) Advance paid for stationery carried forward for on 1st April, 2018 6,000
(iv) Stock of stationery on 31st March, 2019 3,000
(v) Creditors for stationery on 31st March, 2019 8,000
(vi) Advance paid for stationery on 31st March, 2019 1,500
(vii) Amount paid for stationery during 2018-19 42,000​

Answer 1

Answer:

Hope the attachment helps you!!!