The _____________ of stationery is expensed off in the income and expenditure account.

The total expenses incurred

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The actual consumption

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Closing Stock

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None of these

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Solution

The correct option is B
The actual consumption

Only the actual consumption of stationery is expensed off in the income and expenditure account.

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The _____________ of stationery is expensed off in the income and expenditure account.

The correct option is B The actual consumption Only the actual consumption of stationery is expensed off in the income and expenditure account.

The correct option is B
The actual consumption

Only the actual consumption of stationery is expensed off in the income and expenditure account.