JAMB - Accounts Principles Of Accounts (2002 - No. 28)
Given:
Capital at start.......................N3250
Capital at close ......................N6250
Additional capital during the period...N1000
Calculate the profit or loss?
Capital at start.......................N3250
Capital at close ......................N6250
Additional capital during the period...N1000
Calculate the profit or loss?
N8500 profit
N2000 loss
N2000 profit
N8500 loss
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