ILLUSTRATION 6 (Calculation of material consumed) From the following information calculate the amount of stationery to be debited to Income and Expenditure Account for the year ending on 31" March, 2010 $ Stock of stationery on 1st April, 2009 5,500 Creditors for stationery on 15 April, 2009 4,000 Advance paid for stationery on 31" March, 2009 1.000 Amount paid for stationery during the year 2009 12,000 Stock of stationery on 315 March, 2010 2,500 Creditors for stationery on 31st March, 2010 1,200 Advance paid for stationery on 31 March, 2010 800