Question

QUESTION NO :4 Calculate what amount will be posted to income and expenditure accounts for the year ending 31st March 2019 i) Amount paid for stationery during the year 2019 Rs.1,080; stock of stationery in hand on 31st March 2019Rs.50. ii) Stock of Stationery in hand on 1st April.,2018 Rs.300 : Payment made for stationery during the year 2019, Rs.1080; Stock of stationery in hand on 31st March 2019Rs.50 iii) Stock of Stationery on 1st April 2018 Rs.300 Creditors for stationery on 1st April 2018 Rs.200 ; Amount paid for stationery during the year 2019 Rs.1,080 ; Stock of stationery on 31st March 2019 Rs.50

Answer 1

Answer:

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