Given Capital at start N3250 Capital at close N... - JAMB Accounting 2002 Question
Given:
Capital at start.......................N3250
Capital at close ......................N6250
Additional capital during the period...N1000
Calculate the profit or loss?
Capital at start.......................N3250
Capital at close ......................N6250
Additional capital during the period...N1000
Calculate the profit or loss?
A
N8500 profit
B
N2000 loss
C
N2000 profit
D
N8500 loss
correct option: c
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