MCQOPTIONS
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MCQOPTIONS
| 1. |
In single entry system profit is calculated as follows: |
| 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 | |