Under the net worth method of single entry the Net profit is-10816
Under the net worth method of single entry the Net profit is equal to:
This multiple choice question (MCQ) is related to the book/course
vu fin611 Advanced Financial Accounting.
It can also be found in
vu fin611 Final Term - Quiz No.1.
Under the net worth method of single entry the Net profit is equal to:
Closing capital - Opening Capital
Opening Capital - Closing capital
Opening Capital + Closing capital
Total Assets + Total Liabilities
