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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › question
The profit of a business may be calculated by using which one of the
following formulae:
A Opening capital – drawings + capital introduced – closing capital
B Closing capital + drawings – capital introduced – opening capital
C Opening capital + drawings – capital introduced – closing capital
D Closing capital – drawings + capital introduced – opening capital
my answer is option B .am i right?
the answer is not given,so
Yes – b is the correct answer.
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