In single entry system profit is calculate as follow

1.	In single entry system profit is calculate as follow
A.	Opening Capital + Drawing + Fresh Capital - Ending capital
B.	Capital at the end - Drawing - Fresh capital - Opening capital
C.	Capital at the end + Drawing - Fresh capital - Opening capital
D.	None of the above
Answer» D. None of the above

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In single entry system profit is calculate as follow

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