Under Single-entry system if the capital at the end of the year-10827
Under Single-entry system, if the capital at the end of the year is less than the capital at the beginning of the year, the difference will represent:
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.2.
Under Single-entry system, if the capital at the end of the year is less than the capital at the beginning of the year, the difference will represent:
Net Profit
Net loss
Gross loss
Gross profit