[ISC] Q 14 Non Trading Organisation Solution TS Grewal (2022-23) Class 11

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Are you looking for the solution of Question number 14 Non Trading Organisation Chapter TS Grewal class 11 ISC Board for 2022-23 Session?

Calculate what amount will be posted to the Income & Expenditure Account for the year ended 31st March, 2022:

Stock of Stationery on 1st April, 20213,000
Creditor for Stationery on 1st April, 20212,000
Advances paid for Stationery carried forward from previous year200
Amount paid for Stationery during the year10,800
Stock of Stationery on 31st March, 2022500
Creditors for Stationery on 31st March, 20224,300
Advance paid for Stationery on 31st March, 20221,300

Solution:-

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