Calculate the amount of stationery to be posted to Income and Expenditure Account of Indian Cultural Society for the year ending 31st March, 2018 from the following information:

Particulars

1.4.2017

Rs.

31.3.2018

Rs.

Stock of stationery21,00018,000
Creditors for stationery11,00023,000

Stationery purchased during the year ended 31st March, 2018 was Rs.  75,000.

Also, present the relevant items in the Balance Sheet of the society as at 31st March, 2018.

Marks-3, CBSE:2018-19/Main/03/Q-10

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