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P2 C5 Financial Statements of Business Organisations — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C5 Financial Statements of Business Organisations1 Mark
MCQ
Adjusted purchase means$………$
  • A
    Purchase + purchase expenses
  • B
    Purchase - Purchase return
  • C
    Opening stock + purchase - closing stock
  • ✓
    Opening stock + purchase - purchase return - closing stock
✓

Answer

Correct option: D.
Opening stock + purchase - purchase return - closing stock

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