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Q2 (Calculation of material consumed) From the following information calculate the amount of stationery to be debited to Income and Expenditure Account for the year

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Q2 (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 31st March, 2010 Stock of stationery on 15 April, 2009 Creditors for stationery on 1st April, 2009 Advance paid for stationery on 31st March, 2009 Amount paid for stationery during the year 2009 Stock of stationery on 31st March, 2010 Creditors for stationery on 31st March, 2010 Advance paid for stationery on 31st March, 2010 Rs. 5,500 4,000 1,000 12,000 2,500 1,200 800

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