| Le | |
|
Capital (01/01/2020) |
1,934,600 |
| Capital (31/12/2020) | 2,530,000 |
|
Expenses |
346,900 |
| Drawings for 2020 | 72,500 |
| Additional capital for 2020 | 250,000 |
The net profit for 2020 is
Le 522,900
Le 417,900
Le 595,400
Le 72,000
Correct answer is B
No explanation has been provided for this answer.
Social Club Subscription (Extract) 31/12/2009 Subscription accrued #18,900 Subscription received...
Which of the following is accounted for in receipts and payments account? ...
Expenses accured at the end of the accounting year is treated in the balance sheets as ...
Which of the following is added to the proprietor's capital? ...
When goods are received from head office, head office will be credited while ...
The expenses incurred in promoting a company are? ...
Credit purchases are always put at 150% of the total cash paid to suppliers Determine the c...