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Financial Statements - 2 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountFinancial Statements - 21 Mark
Question
What is meant by Adjusted Purchases?
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Answer

Adjusted Purchases means Opening Stock is added to purchases while closing stock is deducted. In other words, we can say that entry for closing stock is passed in the books of account.

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