If opening stock of stationary at the beginning Rs 5,000, at the end Rs 3,000, stationery purchased in cash during the year for Rs 20,000. How this transaction will deal in receipts and payments account?
A. payment side Rs 22,000
B. payment side Rs 20,000
C. payment side Rs 28,000
D. none of these
Answer:B
If opening stock of stationary at the beginning Rs 5,000, at the end Rs 3,000, stationery purchased in cash during the year for Rs 20,000. How this transaction will deal in receipts and payments account?
A. payment side Rs 22,000 B. payment side Rs 20,000 C. payment side Rs 28,000 D. none of these