Opening stock of stationery ₹ 5,000, purchases of stationery ₹ 7000, outstanding stationery bill ₹ 12,000, closing stock ₹ 1000. What is the amount of stationery consumed?
|To consumption of stationary||₹|
|Add: Outstanding stationary bill||12,000|
|Less: Closing Stock||1,000|
|Consumption of stationary||23,000|
Concept: Income and Expenditure Account
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