Calculate the amount to be shown in the Income & Expenditure Account for the year ended 31st March, 2023:
Calculate the amount to be shown in the Income & Expenditure Account for the year ended 31st March, 2023:
(i) | Amount paid for stationery during the year – ₹ 540; Stock of Stationery in Hand on 31st March, 2023 – ₹ 25. |  |
(ii) | Stock of Stationery in Hand on 1st April, 2022 – ₹ 150; Payment made for Stationery during the year – ₹ 540; Stock of Stationery in Hand on 31st March, 2023 – ₹ 25 |  |
(iii) |
Stock of Stationery on 1st April, 2022 Creditors for Stationery on 1st April, 2022 Amount paid for Stationery during the year Stock of Stationery on 31st March, 2023 |
150 100 540 25 |
Anurag Pathak Changed status to publish February 6, 2024