Question 26 Chapter 1 of Class 12 Part – 1 VK Publication

Question 26 Chapter 1 of Class 12 Part - 1 VK Publication
Question 26 Chapter 1 of Class 12 Part - 1 VK Publication

Question 26 Chapter 1 of Class 12 Part – 1

26. Calculate the amount of stationery to be debited to Income and Expenditure Account of a Surat Public Library:

Particulars Rs.
Paid for stationery during the year 1,300
Stock of stationery on opening date 250
Stock of stationery on closing date 180

 

The solution of Question 26 Chapter 1 of Class 12 Part – 1: 

particulars Rs.
Opening Stock of Stationery 250
Add. Purchases made during the year 1,300
  1,550
Less: Closing stock of Stationery 180
Stationery Expenses debited to Income and Expenditure Account 1370

 

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Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I (Introduction)

Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)

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Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)

Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)

Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company

Chapter No. 2 – Financial Statement Analysis

Chapter No. 3 –  Tools of Financial Statement Analysis- Comparative and Common Size

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Chapter No. 4 – Ratio Analysis

Chapter No. 5 – Cash Flow Statement

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Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms

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