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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