Accountancy, asked by malyalapooja66, 3 months ago

capital at the beginning of the year is ascertained by preparing.

Answers

Answered by sb4145847

Answer:

I hope it is helpful u

Explanation:

The capital at the beginning is ascertained by preparing the opening statement of affairs. Statement of affairs is prepared at the beginning or end of the year to ascertain the difference in the capital. The Statement of affairs is similar to balance sheet.

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