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Commerce · Q2936

Accounting

Graduate and Post Graduate · Commerce · question 2936

Q2936

Stock as on 5th January - Rs. 27,000; purchases between 31st December and 5th January - Rs. 700; cost of sales between 31st December and 5th January - Rs. 1,500 what was the stock on 31st December?

A.
Rs. 27,800
B.
Rs. 26,200
Answer
C.
Rs. 26,300
D.
Rs. 28,500

Answer: Option B

Solution

Answer: Option B
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