₹ | |
Stock of Stationery as at 1st April, 2017 | 12,000 |
Creditors for Stationery as at 1st April, 2017 | 25,600 |
Amount paid for Stationery during the year ended 31st March,2018 | 1,40,000 |
Stock of Stationery as at 31st March,2018 | 23,200 |
Creditors for Stationery as at 31st March,2018 | 24,000 |
Statement of Stationery Consumed for the year ended March 31, 2017 |
|
Particulars |
Amount (Rs) |
Amount paid for Stationery during the year 2016-17 |
1,40,000 |
Add: Opening Stock (as on April 01, 2016) |
12,000 |
Less: Closing Stock (as on March 31, 2017) |
(23,200) |
Add: Creditors at the end (as on March 31, 2017) |
24,000 |
Less: Creditors in the beginning (as on April 01, 2016) |
(25,600) |
Amount of Stationery be shown in Income and Expenditure Account |
1,27,200 |
|
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