Given:
Capital at the beginning……………N20 000
Drawings………………………….N3 000
Capital…………………………..N30 000
New capital introduced……………..N8 000
What is the profit for the period?
A N4 000
B N5 000
C N6 000
D N8 000
Answer is B
Tutors, Past Questions and Projects.
Given:
Capital at the beginning……………N20 000
Drawings………………………….N3 000
Capital…………………………..N30 000
New capital introduced……………..N8 000
What is the profit for the period?
A N4 000
B N5 000
C N6 000
D N8 000
Answer is B
