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I = P + Ci – D

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › I = P + Ci – D

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.
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  • August 11, 2015 at 9:43 pm #266808
    elle
    Member
    • Topics: 18
    • Replies: 20
    • ☆

    Hi John,

    The equation is for calculating beginning and end net asset and capital. If P = Profit, D= Drawings and Ci is Capital injected, could you please tell me what the I is for?

    August 12, 2015 at 7:50 am #266837
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54789
    • ☆☆☆☆☆

    The increase in net assets.

    Why don’t you watch the lectures? They are a complete course and cover everything you need to be able to pass F3.

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