[ISC] Q 13 Non-Trading Organisation Solution TS Grewal Class 11 (2023-24)

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Solution of Question number 13 Non Trading Organisation (NPO) Chapter TS Grewal class 11 ISC Board for 2023-24 Session?

On the basis of the following information, calculate the amount that will be shown against the item Stationery Used in the Income & Expenditure Account for the year ended 31st March, 2023:

Stock of Stationery as at 1st April, 202212,000
Creditors for Stationery as at 1st April, 202225,600
Amount paid for Stationery during the year ended 31st March, 20231,40,000
Stock of Stationery as at 31st March, 202323,200
Creditors for Stationery as at 31st March, 202324,000

Solution:-

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