Given:
Opening capital – #50,000
Closing capital – #64,000
Drawings – #16,000
Determine the net profit
A #2,000
B #14,000
C #20,000
D #30,000
Answer is D
Tutors, Past Questions and Projects.
Given:
Opening capital – #50,000
Closing capital – #64,000
Drawings – #16,000
Determine the net profit
A #2,000
B #14,000
C #20,000
D #30,000
Answer is D