From the following information, compute the amount of stationery to be debited to Income and Expenditure Account for 2008.
|
Rs |
|
|
Stock of Stationery on Jan 1, 2008 |
5,000 |
|
Creditors for stationery on Jan 1, 2008 |
2,500 |
|
Advance paid for stationery carried forward from 2007 |
600 |
|
Amount paid for stationery during 2008 |
15,500 |
|
Stock on stationery on Dec 31, 2008 |
1,500 |
|
Creditors for stationery for 2008 |
4,400 |
|
Advance paid for stationery on Dec 31, 2008 |
500 |