Calculate amount to be posted to the Income and Expenditure Account for the year ended 31st March, 2019:
| (i) | Amount paid for stationery during the year ended 31st March,2019 – ₹5,400; Stock of Stationery in Hand on 31st March, 2019 – ₹ 250 | |
| (ii) | Stock of Stationery in Hand on 1st April, 2018 – ₹ 1,500; Payment made for Stationery during the year ended 31st March, 2019 – ₹ 5,400; Stock of Stationery in Hand on 31st March, 2019 – ₹ 250. | |
| (iii) | Stock of Stationery on 1st April, 2018 | 1500 |
| Creditors for Stationery on 1st April, 2018 | 1,000 | |
| Amount paid for Stationery during the year | 5,400 | |
| Stock of Stationery on 31st March, 2019 | 250 |
Statement of Stationery Consumed
at the end of March 31, 2019
| Particulars | Amount (Rs.) |
| Amount paid for Stationery during the year ended 31st March, 2019 | 5,400 |
| Less: Closing Stock (as on March 31, 2019) | 250 |
| Amount of Stationery to be posted to Income and Expenditure Account | 5,150 |
(b)
Statement of Stationery Consumed
at the end of March 31, 2019
| Particulars | Amount (Rs.) |
| Payment made for Stationery during the year ended 31st March, 2019 | 5,400 |
| Add: Opening Stock (as on April 01, 2018) | 1,500 |
| Less: Closing stock (as on March 31, 2019) | 250 |
| Amount of Stationery to be posted to Income and Expenditure Account | 6,650 |
(c)
Statement of Stationery Consumed
at the end of March 31, 2019
| Particulars | Amount (Rs.) |
| Amount paid for Stationery during the year ended 31st March, 2019 | 5,400 |
| Add: Opening Stock (as on April 01, 2018) | 1,500 |
| Less: Closing stock (as on March 31, 2019) | 250 |
| Less: Creditors for Stationery in the beginning (April 01, 2018) | 1,000 |
| Amount of Stationery to be posted to Income and Expenditure Account | 5,650 |