Capital increases by
(a) Interst on capital
(b) Selling goods at profit
(c) Additional capital introduced
(d) All of these
Answers
Answered by
0
Explanation:
d)
all. of these
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thnxx
Answered by
31
Answer:
Additional capital during the year is a result of working capital requirements and closing capital is the composition of profit or loss along with some capital contribution.
Hence, to remove the capital effect additional capital is deducted from closing capital in order to derive the correct profit or loss earned by the company.
Answered By NYSHA
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