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Q. |
In the case of net worth method of single entry system, the net profit is ascertained by |
A. | preparing a Trading and Profit & Loss Account |
B. | comparing the capital in the beginning and at the end of the accounting period |
C. | adopting another method |
D. | none of the above |
Answer» B. comparing the capital in the beginning and at the end of the accounting period |
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