Question

Closing capital, drawing, additional capital , opening capital, profit or loss

Answer 1

Answer:

The opening capital is the adjusted balance presented toward the start of a bookkeeping period. ... Closing capital is put with the capital and after that added together. e.g. assets - liabilities = capital. or, then again e.g. assets = capital + liabilities.

Explanation:

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Answer 2

Drawing :- the amount of money which is taken out from business for the personal use like paying own house electricity bill