Accountancy, asked by mukeshkumar931316, 2 months ago

Net Profit is reflected in higher cash balances and net loss is reflected in lower net worth. true or false, give reason

Answers

Answered by foolishmonkey

0

Answer:

true

Explanation:

always net profit adds to capital so when there is more net profit we will have more networth and viceversa

Answered by shamsyeda5

0

Answer:

tru

Explanation:

Always Net profit adds to the capital so when there is more Net profit we will have more Networth viseversa.

Hope will Help you

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