Accountancy, asked by brain8369, 11 months ago

What is the formula for net profit from closing capital?

Answers

Answered by aanchalgoel200pao6s9

1

Answer:

net profit =closing capital +drawings -additional capital -opening capital

Answered by yaminibisht97

1

You can calculate the opening capital by using this formula : Opening Capital = closing capital + drawings - additional capital - profit + loss.

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