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<p><strong>a) Added to the purchase </strong></p> <p><strong>b) Added to the opening stock</strong></p> <p><strong>c) Deducted from the purchases</strong></p> <p><strong>d) Deducted from opening stock</strong></p>
c) Deducted from the purchases
Option C.
JOSHI MATHEW
CIA #1036906
Answer is "C" - Deducted from the purchases
C- Deducted from the purchases. It is assumed that closing stock was related to the purchases made during the current period and there was no any direct expense involved in it.
C
It has been deducted from Purchases account
ANSWER C
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