To ascertain the real profit, the difference between the closing capital and opening capital is adjusted by:

Question

TuteeHUB · Accepted Answer

Deducting both the drawings and the additional capital

TuteeHUB · Answer

Deducting the drawings and adding the additional capital introduced

TuteeHUB · Answer

Adding the drawings and deducting the additional capital introduced

TuteeHUB · Answer

Adding both the drawings and the additional capital.

1.	To ascertain the real profit, the difference between the closing capital and opening capital is adjusted by:
A.	Deducting the drawings and adding the additional capital introduced
B.	Adding the drawings and deducting the additional capital introduced
C.	Deducting both the drawings and the additional capital
D.	Adding both the drawings and the additional capital.
Answer» C. Deducting both the drawings and the additional capital

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