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Commerce · Q1877

Accounting

Graduate and Post Graduate · Commerce · question 1877

Q1877

Donation received during the year Rs. 5,000. Donation received in advance Rs. 500, outstanding donation Rs. 300. Amount credited in Income and expenditure will be

A.
Rs. 5,100
B.
Rs. 4,800
Answer
C.
Rs. 5,500
D.
Rs. 5,300

Answer: Option B

Solution

Answer: Option B
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