Given opening capital of 16,500, closing capital as 11,350 and drawings were 3,300, then (A) Loss for
Question:
Given opening capital of £16,500, closing capital as £11,350 and drawings were £3,300, then
(A) Loss for the year was £1,850
(B) Profit for the year was £1,850
(C) Loss for the year was £8,450
(D) Profit for the year was £8,450
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Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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