Given:Opening capital - #50,000Closing capital - #64,000Drawings - #16,000Determ...
Question
Given:Opening capital - #50,000
Closing capital - #64,000
Drawings - #16,000Determine the net profit
Options
A)
#2,000
B)
#14,000
C)
#20,000
D)
#30,000
The correct answer is D.
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