Stock of stationery was Rs. 800 as on 1st April 2017. There was a purchase of stationery worth Rs.1,500. Stationery as on 31 st March 2018 was Rs. 1,300. Find the stationery consumed during the year.
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Answer:
Stationary consumed = Opening balance + stationary purchased during the year - closing balance
= 12000+1,40,000-23000
= 1,29,000.
Explanation:
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