Calculate amount to be posted to the Income and Expenditure Account for the year ended 31st March, 2018:(i) Amount paid for stationery during the year ended 31st March , 2018 —₹5,400; Stock of Stationery in Hand on 31st March, 2018 —₹250.(ii) Stock of Stationery in Hand on 1st April, 2017—₹ 1,500; Payment made for Stationery during the year ended 31st March, 2018—₹5,400; Stock of Stationery in Hand on 31st March, 2018—₹250. ₹(iii) Stock of Stationery on 1st April, 2017 1,500 Creditors for Stationery on 1st April, 2017 1,000 Amount paid for Stationery during the year 5,400 Stock of Stationery on 31st March, 2018 250

Calculate amount to be posted to the Income and Expenditure Account f

1.	Calculate amount to be posted to the Income and Expenditure Account for the year ended 31st March, 2018:(i) Amount paid for stationery during the year ended 31st March , 2018 —₹5,400; Stock of Stationery in Hand on 31st March, 2018 —₹250.(ii) Stock of Stationery in Hand on 1st April, 2017—₹ 1,500; Payment made for Stationery during the year ended 31st March, 2018—₹5,400; Stock of Stationery in Hand on 31st March, 2018—₹250. ₹(iii) Stock of Stationery on 1st April, 2017 1,500 Creditors for Stationery on 1st April, 2017 1,000 Amount paid for Stationery during the year 5,400 Stock of Stationery on 31st March, 2018 250
Answer» Calculate amount to be posted to the Income and Expenditure Account for the year ended 31st March, 2018: (i) Amount paid for stationery during the year ended 31st March , 2018 $—$ ₹5,400; Stock of Stationery in Hand on 31st March, 2018 $—$ ₹250. (ii) Stock of Stationery in Hand on 1st April, 2017 $—$ ₹ 1,500; Payment made for Stationery during the year ended 31st March, 2018 $—$ ₹5,400; Stock of Stationery in Hand on 31st March, 2018 $—$ ₹250. ₹ (iii) Stock of Stationery on 1st April, 2017 1,500 Creditors for Stationery on 1st April, 2017 1,000 Amount paid for Stationery during the year 5,400 Stock of Stationery on 31st March, 2018 250

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