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question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › question

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 8, 2017 at 11:03 am #376549
    sguha
    Participant
    • Topics: 64
    • Replies: 42
    • ☆☆

    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

    March 8, 2017 at 5:48 pm #376689
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    Yes – b is the correct answer.

    But why are you studying from books that do not have the answers? You must buy a Revision Kit from one of the ACCA approved publishers. They contain exam-standard questions together with answers and explanations.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
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