The following information pertains to a cultural club:
Stock of tinned provisions (as on 1^st April 1994) : Rs. 25,000
Purchased during the year : Rs. 1,50,000
Stock of tinned provisions (as on 31^st March 1995) : Rs. 50,000
Sale of tinned provisions during the year : Rs. 1,50,000
The amounts to be debited and credited respectively to the Income and Expenditure account would be:

A. Rs. 1,75,000 and Rs. 1,50,000

B. Rs. 1,25,000 and Rs. 1,75,000

C. Rs. 1,25,000 and Rs. 1,50,000

D. Rs. 1,75,000 and Rs. 1,25,000

Answer: Option C