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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 47: Single Entry System and Profit Calculation
  5. Question
    Statement of Affairs Is Prepared for Ascertaining
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Statement of Affairs Is Prepared for Ascertaining

Question 61

Question 61

Multiple Choice

Statement of affairs is prepared for ascertaining:


A) Financial position of the business
B) Trading profit or loss
C) Capital of the owner
D) All of the above

Correct Answer:

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