Question :
Particulars
Opening Stock of Medicines
Rs. 1,00,000
Closing Stock of Medicines
Rs. 50,000 more than Opening Stock
Amount paid for medicines during the year
Rs. 2,00,000
Opening Creditors
Rs. 20,000
Closing Creditors
50% of Opening Creditors
Amount of medicines consumed will be ------
Option 1: Rs. 1,40,000
Option 2: Rs. 1,60,000
Option 3: Rs. 2,00,000
Option 4: None of the above
Correct Answer: Rs. 1,60,000
Solution :
Creditors for Medicines A/C
Medicines A/C
The answer is Rs 1,60,000. Hence, the correct option is 2.
Closing Stock of
Question : Calculate the amount of medicines consumed during the year ended 31st March, 2019: Opening Stock of Medicines Rs. 50,000 Closing Stock of Medicines Rs. 45,000 more than Opening Stock Amount paid for medicines during the year Rs. 2,00,000 Opening
Question : Opening stock of medicines = Rs.50,000.
Closing stock of medicines Rs.45,000 more than opening.
Amount paid for medicines during the year = Rs 2,00,000.
Opening creditor = Rs.20,000.
Closing creditor 50% of opening
Question : Calculate change in stock.
Question : From the following information, :
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