Question : Payment made for stationery during the year was Rs 80,000 and the amount recorded in Income and Expenditure was Rs 85,200. What was the closing stock of stationery as per the following information:

                                                          31-3-2018                           31-3-2019

Creditors for stationery                       Rs 8,000                            Rs 12,400

Stock of stationery                              Rs 10,800                                ?

Option 1: Rs 5,600

Option 2: Rs 10,000

Option 3: Rs 1,200

Option 4: Rs 3,200

Question : Amount debited to Income and Expenditure Account in respect of stationery was Rs 30,000. Following information is provided to you.
1st April 2018, opening stock of stationery Rs 7,000 and closing stock of stationery Rs 6,000. Opening balance of creditors of stationery Rs 10,000 and closing balance of creditors of stationery Rs 8,200. What was the amount paid for stationery during the year.

Option 1: Rs 29,000

Option 2: Rs 30,800

Option 3: Rs 27,200

Option 4: Rs 40,800

Question : Calculate the amount of medicines consumed during the year ended 31st March, 2019:

Opening Stock of Medicines Rs. 50,000
Closing Stock of Medicines Rs. 45,000 more than Opening Stock
Amount paid for medicines during the year Rs. 2,00,000
Opening Creditors Rs. 20,000
Closing Creditors 50% of Opening Creditors

Option 1: Rs 1,45,000

Option 2: Rs 1,35,000

Option 3: Rs 1,55,000

Option 4: Rs 2,05,000

Question : Opening stock of medicines =  Rs.50,000.

Closing stock of medicines Rs.45,000 more than opening. 

Amount paid for medicines during the year = Rs 2,00,000.

Opening creditor = Rs.20,000.

Closing creditor 50% of opening creditors.

Amount of medicines consumed during the year is?

Option 1: Rs.1,35,000

Option 2: Rs.1,55,000

Option 3: Rs.1,45,000

Option 4: Rs.2,50,000

Question : Subscription credited to the Income and Expenditure account was Rs 4,00,000, Subscription outstanding at the end of the previous year was Rs 30,000. and outstanding at the end of the current year was Rs 35,000. The subscription received in advance for next year was Rs 9,000 and the received in Advance during the previous year was  Rs 8,000. What was the amount recorded in the Receipts and Payment Account? 

Option 1: Rs 4,04,000

Option 2: Rs 4,96,000

Option 3: Rs 3,91,000

Option 4: Rs 4,00,000

Question : Amount paid for the Stationary during the year Rs. 40,000; stock of stationary at the beginning and end of the year Rs. 6,600 and Rs. 5,800 respectively; creditors for sports materials at the beginning and end of the year Rs. 10000 and Rs. 8000 respectively. What amount will be recorded in Income and Expenditure Account?

Option 1: Rs. 40,800

Option 2: Rs. 38,800

Option 3: Rs. 38,000

Option 4: Rs. 40,000