Given: Capital at the beginning: N20,000 Drawings: N3,000 Capital at end: N30,000 New capital introduced:...
FINANCIAL
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Given: Capital at the beginning: N20,000 Drawings: N3,000 Capital at end: 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
Correct Answer: B) N5,000
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