Question: Question 1 a) Find the value of X using the comparison method in profit and loss statement. The financial year started 1 January and ended

Question 1 a) Find the value of X using the comparison method in profit and loss statement. The financial year started 1" January and ended 31 December. Net Capital on 1 Jan (RM) Capital on Additional 31 Dec Capital (RM) (RM) Total Drawings (RM) profit (RM) Net Loss (RM) 0 45.900 42,700 44.850 40.800 42,700 X 10,000 6,200 11,310 5,000 4.500 9,450 X 0 X 0 8,880 Required:- Please answer each question by showing the working using. a) Equation format b) T-Format

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