Question

26) In Single Entry Opening Capital is ascertained by preparing
beginning of the accounting Period.
a) Profit and Loss Alc
b) Cash Flow Statement
c) Statement of Affairs
d) Balance Sheet​

Answer 1

Answer:

options (c) is correct.

Explanation:

The capital in the beginning of the accounting year is ascertained by preparing opening statement of affairs.

Answer 2

Answer:

I think C is the correct✔ answer

Explanation:

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