Extract of Receipt and Payment Account for the year ended on March 31, 2021 is given. Calculate the amount of Stationery to be shown in Income and Expenditure A/c. Payments for Stationery: Rs. 23,000 Additional Information: | | 1 April, 2020 | 31 Mar 2021 | | --- | --- | --- | | Stock of Stationary | 4,000 | 3,000 | | Creditors for stationery | 9,000 | 2,500 |

Question

Option 1: Rs. 17,500

Option 2: Rs. 20,500

Option 3: Rs. 11,500

Option 4: Rs. 23,000

AfterBoards · Accepted Answer

The answer is 'Rs. 17,500'. View full solution:

CUET Accountancy 2022 20 Aug Shift 2 PYQs

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