Calculate the amount that will be posted to the income and Expenditure Account for the year ended 3...........

Calculate the amount that will be posted to the income and Expenditure Account for the year ended 31st March, 2019:

Stock of Stationery on 1st April, 2018 30,000

Creditors for Stationery on 1st April, 2018 20,000

Advances paid for Stationery carried forward from the year ended 31st March, 2018 2,000

Amount paid for Stationery during the year ended 31st March, 2019 1,08,000

Stock of Stationery on 31st March, 2019 5,000

Creditors for Stationery on 31st March, 2019 13,000

Advance paid for Stationery on 31st March, 2018 3,000

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