by: Admin_LouisPosted on:

The estimated profit or loss for a period is calculated by

The estimated profit or loss for a period is calculated by

A closing capital less opening capital add drawings

B opening capital less closing capital add drawings

C opening capital less drawings add closing capital

D opening capital add closing add drawings

Answer is A

Related posts:

  1. The corresponding entry of personal accounts found in the debit side of the cash is to
  2. Calculate the closing capital
  3. The addition of prime cost, indirect cost and opening work-in-progress less the closing work-in-progress will result in cost of
  4. A partnership’s internal regulations are set out by

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
%d bloggers like this: