Increase in Net assets = Profit

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April 29, 2026 at 10:34 am #730314
danzel15
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can you provide explain why increase in net assets if equal to profit?
April 30, 2026 at 7:43 am #730327
John Moffat
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Increase in net assets = capital introduced + profit – drawings.
This is all explained Chapter 2 of our free lecture notes and in my free lectures working through Chapter 2.
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