Wanda keeps no accounting records. The following information is available about her position and transactions for
the year ended 31 December 2004:
$
Net assets at 1 January 2004 210,000
Drawings during 2004 48,000
Capital introduced during 2004 100,000
Net assets at 31 December 2004 400,000
Based on this information, what was Wanda’s profit for 2004?
A $42,000
B $242,000
C $138,000
D $338,000

C   400,000 – 210,000 – 100,000 + 48,000 = 138,000

注意，net asset=capital

         capital=Net assets c/d-Net assets b/d +Drawing-Capital introduced