Capital at the end of 20X8 is 2,000. Capital at the end of 20X9 is 3,000. Drawings

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Capital at the end of 20X8 is £2,000.
Capital at the end of 20X9 is £3,000.
Drawings were £700.

Required
Calculate the profit for the year ended 20X9 from the above information.

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Introduction To Financial Accounting

ISBN: 9781526803009

9th Edition

Authors: Anne Marie Ward, Andrew Thomas

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Question Posted: Jul 15, 2022 03:19 AM

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Capital at the end of 20X8 is 2,000. Capital at the end of 20X9 is 3,000. Drawings

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Capital at the end of 20X8 is 2000 Capi...View the full answer

Introduction To Financial Accounting

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