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.

A

b

A