Assets are R168000 liabilities are R32000 drawings are R50000 calculate net profit?

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Dasarathi Rath
08-March-2016

Financial Accounting Finance

Question added by Sholene Ramchuran
Date Posted: 2019/02/01

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1 Answers

Subhan Mohammed Abdul

by Subhan Mohammed Abdul , Accountant , Steel Forming and Coating Company Jizan

Assets -Liabilities and less drawings= Netprofit That is 32000+50000-168000=86000

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