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Commerce · Q1667

Accounting

Graduate and Post Graduate · Commerce · question 1667

Q1667

Which of the following will be debited in Income and expenditure account of a school?

A.
Income from tution fee
B.
Amount of annual prize which was given from prize account
C.
Maps purchased for Geography
Answer
D.
Monetary punishment received from students

Answer: Option C

Solution

Answer: Option C
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