⚡ Month End Offer is live - Get Flat 55% Off on All Courses • Grab it Now! Click Here 00:00:00 AM ⚡

    Question

    Which one of the following is a correct

    equation?
    A Opening capital = Closing Additional capital - Drawings - Profit Correct Answer Incorrect Answer
    B Opening capital = Closing capital + Drawings - Additional capital - Losses Correct Answer Incorrect Answer
    C Opening capital = Closing capital + Drawings - Additional capital - Profit Correct Answer Incorrect Answer
    D Opening capital = Closing capital - Drawings - Additional capital - Profit Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
    More Commerical Law Questions

    Relevant for Exams:

    ask-question