|(Calculation of stationery consumed during the year)|
|Liabilities||Amt. ₹||Amt. ₹||Assets||Amt. ₹||Amt. ₹|
|Stock of Stationery||400|
|Dr||Receipts and Payments Account for the year ending 31.03.2019||Cr|
|Receipts||Amt. ₹||Amt. ₹||Payments||Amt. ₹||Amt. ₹|
|By Stationery Purchased||6,300|
1. ₹ 1,000 Outstanding for Stationery bill.
2. Stock of Stationery as on 31.03.2019 was valued at ₹1,800
With the above information, calculate the amount of Stationery consumed during the year and show its presentation in final Accounts of a concern.
In the books of _____________
|Dr||Income and Expenditure Account for the year ended 31st March, 2019||Cr|
|Expenditure||Amount (₹)||Amount (₹)||Income||Amount (₹)||Amount (₹)
To Stationery Consumed during the Year
|Add: Stationery Purchased during the Year||6,300|
|Add: Credit Purchase of Stationery (Outstanding bill)||1,000|
|Less: Closing Stock of Stationery||1800||5,900|