Question
Please dear sir or madam my kind request. Explain the question As at 1st of January 2015 John's business had opening net assets of Rs.175000
Please dear sir or madam my kind request. Explain the question
As at 1st of January 2015 John's business had opening net assets of Rs.175000 and as at 31st December 2015 he had closing net assets of Rs.350000
Te business earned a profit of Rs.75000 during that period and John had withdrawn Rs 50000 for his personal use .
How compute the additional capital introduced to the business by John during the year ended 31st December 2015
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Financial Accounting The Impact on Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
9th edition
130565417X, 1305654174, 9781285972572 , 978-1285182964
