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Question

This topic has 1 reply, 2 voices, and was last updated 12 years ago by abj2513.

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September 27, 2012 at 10:11 pm #54535
queeenshana
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- Topics: 25
- Replies: 20
Netprofit $2000
Drawing $3000
closing capital $1500
What i the opening capital?
September 28, 2012 at 4:58 am #105274
abj2513
Member
- Topics: 7
- Replies: 28
opening capital = closing capital less net profit add drawings
1500 – 2000 + 3000 = 2500
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