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    Financial Accounting
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    Exam 47: Single Entry System and Profit Calculation
  5. Question
    Net Profit Under Single Entry System Is Equal to
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Net Profit Under Single Entry System Is Equal to

Question 31

Question 31

Multiple Choice

Net Profit under single entry system is equal to


A) Capital+ Additional Capital - Drawings- Opening Capital
B) Capital - Additional Capital -Drawings - Opening Capital
C) Capital - Additional Capital + Drawings - Opening Capital
D) Capital+ Additional Capital +Drawings + Opening Capital

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