Capital at start was N280,000, while at the end of the year was N485,000 and drawings during he year was N15,000. What is profit for the year?
A N265,000
B N220,000
C N205,000
D N190,000
Answer is B
Tutors, Past Questions and Projects.
Capital at start was N280,000, while at the end of the year was N485,000 and drawings during he year was N15,000. What is profit for the year?
A N265,000
B N220,000
C N205,000
D N190,000
Answer is B
