Accountancy, asked by anirudhvarma7818, 1 month ago

Calculate Balance carried over to Balance sheet when Net profit is 2,00,000

Answers

Answered by AllenGPhilip
1

Answer:

Explanation:

in the case of net profit

  • added with capital
  • deduct drawings if any

in the case of net loss

  • deduct from capital
  • deduct drawings if any
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