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Commerce · Q1160

Accounting

Graduate and Post Graduate · Commerce · question 1160

Q1160

Subscription to Newspapers and Periodicals - Rs. 350.00 Sale proceeds of old Newspapers - Rs. 60.00 What amount is posted on the expenditure side of the income and Expenditure Account:

A.
Rs. 350.00
Answer
B.
Rs. 200.00
C.
Rs. 410.00
D.
Rs. 60.00

Answer: Option A

Solution

Answer: Option A
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