Enjoyed your lectures, very easy to understand.
My question is l noticed your formula for calculating profit is different from what is stated in the note, l stand to be corrected.
Secondly l am new to accounting would appreciate if clarification is given with regards to how the answer for the example in SOPL was 400
Thank you.
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Statement of Financial position
5y ago#1You will have to say which formula and which example you are referring to.
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