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I want to get the answer in less than an hour and get a high rating 3.2 You are given the following information about Zainab,
I want to get the answer in less than an hour and get a high rating
3.2 You are given the following information about Zainab, a sole trader as at 31 March 2021. The value of her assets and liabilities were: ID BD14,000 2,500 Non-current assets at carrying amount Cash in Bank Trade payables Beginning capital (1 April 2020) Drawings for the year 10,300 3,700 1,500 Profit ? There were no other assets nor liabilities. Required: Calculate the profit for the year ended 31 March 2021 using the accounting equationStep by Step Solution
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