[weeni0204]

I did follow the lectures but still wasn’t sure about this one. Thank you.

[weeni0204]

payment 34,600
opening balace 8,200
accruals (3,600)
closing balance (9,300)
accruals 3200
Answer 33100

But why do we need to subtract the opening accruals but add the closing accruals???

[weeni0204]

thank you

[weeni0204]

Ohh ok. So this one is pure mathematical in other words.
Thank you. 🙂

[weeni0204]

i did followed the lecture. But still i just can’t understand this. it’s a bit confusing. i just wanna understand the concept behind it. thank you.

[weeni0204]

Also why should we plus drawings in example 1 when finding profit???

And sorry for the mistake above; it’s from chapter 2, not 3.

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