• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Linkin

Profile picture of Linkin
Active 10 years ago
  • Topics: 0
  • Replies: 1
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 1 post (of 1 total)
  • Author
    Posts
  • March 10, 2015 at 5:44 am #231861
    e9b5e4757dd91a96e5e916d75ce06a3c519e0ff9cb13570325f7f5c98d5864ca 80Linkin
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Yes, you are right bro.

    The formula to calculate closing net assets is:
    Opening net asset + net profit + capital introduced – drawing = Closing net asset

    But when we have to find the net profit or any other item from the above equation we simply rearrange it.

    I hope you got the idea!

  • Author
    Posts
Viewing 1 post (of 1 total)

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Sid24012003 on MA Chapter 5 Questions Ordering and Accounting for Inventory
  • John Moffat on PM Chapter 5 Questions Throughput accounting
  • John Moffat on Inventory Control (part 3) – Economic Batch Quantity – ACCA Management Accounting (MA)
  • Dzakpa on PM Chapter 5 Questions Throughput accounting
  • Markie on Inventory Control (part 3) – Economic Batch Quantity – ACCA Management Accounting (MA)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in