Q2832
The following figures (all in Rs.) relate to non-trading concern: 1st January, 1995 stock of medicines 5,000 1st January, 1995 outstanding creditors for medicines 3,000 Amount paid for medicines during the years 15,000 Value of medicines spoiled during the year stock of medicines 400 On 31st December, 1995 3,500 The amount to be debited to income and expenditure account would be
A.
Rs. 15,000
B.
Rs. 18,500
C.
Rs. 18,000
D.
Rs. 13,500
AnswerAnswer: Option D
Solution
Answer: Option D
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