A businesss net assets reduced by 3,500 during the year. The proprietors drawings amounted to 8,900. Required

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A business’s net assets reduced by £3,500 during the year. The proprietor’s drawings amounted to £8,900.

Required

Calculate the profit or loss made by the business during the year.

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Introducing Accounting For AS

ISBN: 9780340959404

2nd Edition

Authors: Ian Harrison

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Question Posted: Aug 21, 2023 09:46 AM

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A businesss net assets reduced by 3,500 during the year. The proprietors drawings amounted to 8,900. Required

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Introducing Accounting For AS

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