Payment made for stationary during the year 2021 - 22 is Rs. 46,000.
Stock of stationary as on 1-4-2021 Rs. 8,000
Stock of stationary as on 31-3-2022 Rs. 6,000
Advance for stationary as on 1-4-2021 Rs. 18,000
Advance for stationary as on 31-3-2022 Rs. 5,000
What will be the amount of stationary consumed during the year 2021 - 22 ?
Payment made for stationary during the year 2021 - 22 is Rs. 46,000.
Stock of stationary as on 1-4-2021 Rs. 8,000
Stock of stationary as on 31-3-2022 Rs. 6,000
Advance for stationary as on 1-4-2021 Rs. 18,000
Advance for stationary as on 31-3-2022 Rs. 5,000
What will be the amount of stationary consumed during the year 2021 - 22 ?
Solution
✅ Correct Option: 1
Purchases = Payment + Opening Advance - Closing Advance = 46,000 + 18,000 - 5,000 = 59,000. Consumption = Opening Stock + Purchases - Closing Stock = 8,000 + 59,000 - 6,000 = 61,000.
Related questions:
2023: 11 June Shift 3
2025: 22 May Shift 2