# Question 21 Chapter 1 of +2 Part-1 – USHA Publication 12 Class Part – 1

Q-21 - CH-1 - Usha +2 Book 2018 - Solution

Question 21 Chapter 1 of +2-Part-1

21. (Stationary Consumption)Calculate the amount to be posted to Income and Expenditure account as expenditure on stationery:

 (a) Advance paid for the stationary at the beginning and at the end if the year Rs.800 and Rs.850 respectively. (b) Stock of stationery at the beginning and at the end of the year Rs.600 and Rs.550 respectively. (c) Creditors of stationary at the beginning and at the end of the year Rs.900 and Rs.700 respectively. (d) Amount paid for creditors for stationary during the year Rs.6,500 and cash purchases were Rs.2,500.

## The solution of Question 21 Chapter 1 of +2 Part-1: –

 Amount to be posted to Income and Expenditure Account for the year ending 31-3-2015 Particular Amount Opening stock of stationary in beginning of year 600 Add: Advance paid for stationary at the beginning of year 800 Amount paid for stationary during the year 6,500 Creditors for stationary at the end of year 700 8,000 Less: Creditors for stationary at the beginning of year 900 Stock of stationary at the end of year 550 Advance paid for stationary at the end of year 850 (2,300) 6,300 Add: Cash purchases 2,500 Amount to be debited in Income and Expenditure account 8,800

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Also, Check out the solved question of previous Chapters: –