Question

Opening Stock of stationery 20,000, Closing stock of stationery 30,000
Creditors for stationery at the beginning 40,000 and at the end was 48,000.
Paid to creditors during the year was 60,000 and cash discount allowed by creditors for
stationery 2000. The amount to be taken to the debit side of income and expenditure account
will be:
(a) 62,000
(b) 50,000
(c) 60,000
(d) 66,000​

Answer 1

Answer:

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