Opening stock of stationary at the beginning is ` 5,000. at the end ` 3,000. Stationary
purchased for cash during the year for ` 20,000. How this transcation will be dealt with
in Receipts and Payments Account?
(a) Payment side ` 22,000 (b) Payment side ` 20,000
(c) Payment side ` 28,000 (d) None of the above
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Answer:
ANSWER D
Explanation:
TOTAL 8000
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