The monthly income and expenses for a business are Rs 1,00,000 and Rs 50,000 respectively. The value of receipts is .

1,00,000 Rs

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50,000 Rs

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1,50,000 Rs

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2,00,000 Rs

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Solution

The correct option is A 1,00,000 Rs
Receipt refers to the inflow of money or the income earned by a business. Therefore, the value of receipts is nothing but the income which is equal to 1,00,000 Rupees.

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