Multiple Choice Questions on How much amount will be shown in Income and Expenditure Account in the following case Payment made f........... for Commerce 12th Preparation

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Multiple Choice Questions

How much amount will be shown in Income and Expenditure Account in the following case Payment made f...........

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How much amount will be shown in Income and Expenditure Account in the following case? :

Payment made for medicines during 2009-10 was ?2,5 0,000.

Opening stock of medicine Rs 3,000

Closing stock of medicine Rs 6,000

?2,53,000

Incorrect Answer

?2,47,000

Correct Answer

?2,57,000

Incorrect Answer

?2,43.000

Incorrect Answer
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Explanation:

2,50,000-6,000+3000

?2,47,000

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