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September 27, 2012 at 10:11 pm #54535
queeenshana
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Netprofit $2000
Drawing $3000
closing capital $1500

What i the opening capital?
September 28, 2012 at 4:58 am #105274
abj2513
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opening capital = closing capital less net profit add drawings
1500 – 2000 + 3000 = 2500
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