Increase in Net assets = Profit

This topic has 1 reply, 2 voices, and was last updated 1 month ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
April 29, 2026 at 10:34 am #730314
danzel15
Participant
- Topics: 1
- Replies: 0
can you provide explain why increase in net assets if equal to profit?
April 30, 2026 at 7:43 am #730327
John Moffat
Keymaster
- Topics: 57
- Replies: 54857
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.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.