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CHAPTER
An Introduction to Business and Accounting
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Accounting
BOOKKEEPING
EXAMPLE
BALANCE SHEET SIMPLE
INCOME STATEM SIMPLE
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QUESTION-1
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If the opening capital is higher than the closing capital, the business has made
If the opening capital is higher than the closing capital, the business has made
hout sophat
April 28, 2022
Opening capital is higher than the closing capital
If the opening capital is higher than the closing capital, the business has made
The business has made loss during the year before adjustment for drawings
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Goods sold on cash and carry basis returned by a customer are accounted for by
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