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Accounting for IGCSE & O level - Final Statements (Section 4 - No. 37)

What will the profit for the year do?
Decrease both net assets and capital.
Increase net assets, but decrease capital.
Decrease net assets, but increase capital.
Increase both net assets and capital.

Εξήγηση

Profit increases both the net assets and the capital of the business.

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