Question

under single entry system in net worth method drawings is added with​

Answer 1

Answer:

Net worth method

Drawing. If the drawing is made during the year, it should be added to the amount of closing capital.

Additional capital. If additional capital is introduced in the business during the year, it should be deducted from the amount of closing capital.

Interest on capital.

Answer 2

Answer:

Amount of closing capital.

Explanation:

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