{"id":42948,"date":"2024-04-15T21:22:27","date_gmt":"2024-04-15T21:22:27","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=42948"},"modified":"2024-04-15T21:22:27","modified_gmt":"2024-04-15T21:22:27","slug":"the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/","title":{"rendered":"The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Bats costing Rs. 6,200 were sold during the year&#8221; option2=&#8221;Bats costing Rs. 6,200 were purchased during the year&#8221; option3=&#8221;Bats costing Rs. 6,200 were re-valued during the year&#8221; option4=&#8221;Bats costing Rs. 5,800 were distributed during the year&#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is: Bats costing Rs. 5,800 were distributed during the year.<\/p>\n<p>The opening stock of bats at the beginning was Rs. 800. Bats worth 6,000 were used during the year. This means that bats costing Rs. 6,000 were distributed during the year, as they were used and not sold or purchased. The closing stock of bats was Rs. 1,000, which means that bats costing Rs. 5,800 were distributed during the year, as the opening stock of Rs. 800 plus the bats used during the year of Rs. 6,000 equals the closing stock of Rs. 1,000.<\/p>\n<p>Option A is incorrect because bats costing Rs. 6,200 were not sold during the year, as the closing stock of bats was Rs. 1,000.<\/p>\n<p>Option B is incorrect because bats costing Rs. 6,200 were not purchased during the year, as the opening stock of bats was Rs. 800.<\/p>\n<p>Option C is incorrect because bats costing Rs. 6,200 were not re-valued during the year, as the closing stock of bats was Rs. 1,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Bats costing Rs. 6,200 were sold during the year&#8221; option2=&#8221;Bats costing Rs. 6,200 were purchased during the year&#8221; option3=&#8221;Bats costing Rs. 6,200 were re-valued during the year&#8221; option4=&#8221;Bats costing Rs. 5,800 were distributed during the year&#8221; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-42948","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Bats costing Rs. 6,200 were sold during the year&#8221; option2=&#8221;Bats costing Rs. 6,200 were purchased during the year&#8221; option3=&#8221;Bats costing Rs. 6,200 were re-valued during the year&#8221; option4=&#8221;Bats costing Rs. 5,800 were distributed during the year&#8221; correct=&#8221;option2&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:22:27+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/","og_locale":"en_US","og_type":"article","og_title":"The closing stock of a sports club was of cricket bats worth Rs. 1,000. Bats worth 6,000 were used during the year. The opening stock of bats at the beginning was Rs. 800. Which of the following sentence is correct?","og_description":"[amp_mcq option1=&#8221;Bats costing Rs. 6,200 were sold during the year&#8221; option2=&#8221;Bats costing Rs. 6,200 were purchased during the year&#8221; option3=&#8221;Bats costing Rs. 6,200 were re-valued during the year&#8221; option4=&#8221;Bats costing Rs. 5,800 were distributed during the year&#8221; correct=&#8221;option2&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:22:27+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-closing-stock-of-a-sports-club-was-of-cricket-bats-worth-rs-1000-bats-worth-6000-were-used-during-the-year-the-opening-stock-of-bats-at-the-beginning-was-rs-800-which-of-the-following-sente\/","name":"The closing stock of a sports club was of cricket bats worth Rs. 1,000. 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