Stock of stationery on 1st January 1991- Rs. 300, creditors for stationery on 31st December 1991- Rs. 130, payment for stationery during 1991- Rs. 1,080, stock of stationary on 31st December 1991- Rs. 50. What amount on account of stationery will be posted to income and expenditure A/c:
A. Rs. 1,080
B. Rs. 1,510
C. Rs. 1,330
D. Rs. 1460
Answer: Option D
This Question Belongs to Commerce >> Accounting
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