Given: Stock of stationery on Jan. 1,2011 Rs. 400.Stock of stationery on Dec. 31,2011 Rs.100. Payment for stationery during 2011 Rs.1200. Creditor for stationery on Dec. 31, 2011 Rs. 150.
What is the amount of stationery that will be posted to the Income and Expenditure A/c for the year ending Dec.31,2011?
1
Rs. 150
2
Rs.1650
3
Rs. 850
4
More than one of the above
5
None of the above