An enterprises profit for the year may be computed by using which of the following formulae? (a)

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An enterprise’s profit for the year may be computed by using which of the following formulae?

(a) Opening capital + drawings - capital introduced - closing capital.

(b) Closing capital + drawings - capital introduced - opening capital.

(c) Opening capital – drawings + capital introduced - closing capital.

(d) Closing capital – drawings + capital introduced - opening capital.

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