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Commerce · Q2295

Accounting

Graduate and Post Graduate · Commerce · question 2295

Q2295

The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?

A.
Bats costing Rs. 6,200 were sold during the year
B.
Bats costing Rs. 6,200 were purchased during the year
C.
Bats costing Rs. 6,200 were re-valued during the year
D.
Bats costing Rs. 5,800 were distributed during the year
Answer

Answer: Option D

Solution

Answer: Option D
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