CBSE Class 12 Accountancy Accounting for Not for Profit Organisation Online Test

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Question 1

Question

Stock of medicines on 1.4.18 were Rs.5000. Medicines purchased during the year is Rs.5000. Medicines sold during the year is Rs.2500. Closing stock of medicines are Rs.3000. Stock of medicines used during the year 2019 is

Answer
Rs.10000
Rs.7000
Rs.2500
Rs.5000