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Which of the following calculations could produce an acceptable figure for a trader’s net profit for a period if no
accounting records had been kept?

A    Closing net assets plus drawings minus capital introduced minus opening net assets
B    Closing net assets minus drawings plus capital introduced minus opening net assets
C    Closing net assets minus drawings minus capital introduced minus opening net assets
D    Closing net assets plus drawings plus capital introduced minus opening net assets.

A

a

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TOP

[em05]

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A

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a

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see see

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a

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see see

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[em02]

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