Calculate the closing capital

Given:

Opening capital – #1,500
Capital introduced – # 500
Profit for the year – # 800
Cash drawings – # 250

Calculate the closing capital

A #2,550

B #2,500

C #2,350

D #2,250

Answer is A

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link