Which of the following calculations could produce an acceptable figure for a trader’s net profit for a period if no
accounting records had been kept?
A Closing net assets plus drawings minus capital introduced minus opening net assets
B Closing net assets minus drawings plus capital introduced minus opening net assets
C Closing net assets minus drawings minus capital introduced minus opening net assets
D Closing net assets plus drawings plus capital introduced minus opening net assets. C A C + 2 x $3,660 discounts allowed
B C + 2 x $1,800 bad debts written off
C Sales ledger control account
$ $
284,680 3,660
189,120 1,800
4,920
179,790
800
Balance 282,830
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473,800 473,800
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D C + $1,600 (contras) | 
发表于 2008-4-15 20:32
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