On the basis of the following information, calculate amount that will appear against the term 'Stationery Used' in the Income and Expenditure Account for the year ended 31st March, 2019: ₹ Stock of Stationery as at 1st April, 2018 12,000 Creditors for Stationery as at 1st April, 2018 25,600 Amount paid for Stationery during the year ended 31st March, 2019 140,000 Stock of Stationery as at 31st March, 2019 23,200 Creditors for Stationery as at 31st March,2019 24,000

Statement of Stationery Consumed for the year ended March 31, 2019 Particulars Amount (₹) Amount paid for Stationery during the year 2018-19 1,40,000 Add: Opening Stock (as on April 01, 2018) 12,000 Less: Closing Stock (as on March 31, 2019) (23,200) Add: Creditors at the end (as on March 31, 2019) 24,000 Less: Creditors in the beginning (as on April 01, 2018) (25,600) Amount of Stationery be shown in Income and Expenditure Account 1,27,200

On the basis of the following information, calculate amount that will appear against the term 'Stationery Used' in the Income and Expenditure Account for the year ended 31st March, 2019: - Accountancy

Ledger

On the basis of the following information, calculate amount that will appear against the term 'Stationery Used' in the Income and Expenditure Account for the year ended 31st March, 2019:

	₹
Stock of Stationery as at 1st April, 2018	12,000
Creditors for Stationery as at 1st April, 2018	25,600
Amount paid for Stationery during the year ended 31st March, 2019	140,000
Stock of Stationery as at 31st March, 2019	23,200
Creditors for Stationery as at 31st March,2019	24,000

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Solution

Statement of Stationery Consumed for the year ended March 31, 2019
Particulars	Amount (₹)
Amount paid for Stationery during the year 2018-19	1,40,000
Add: Opening Stock (as on April 01, 2018)	12,000
Less: Closing Stock (as on March 31, 2019)	(23,200)
Add: Creditors at the end (as on March 31, 2019)	24,000
Less: Creditors in the beginning (as on April 01, 2018)	(25,600)
Amount of Stationery be shown in Income and Expenditure Account	1,27,200