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
A
see see
see see
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