Myanmar DA Part II

Myanmar Accountancy Council Diploma in Accountancy Part II Examination (MAC)

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A sole trader keeps incomplete records. Opening capital was 20,000,000 MMK, closing capital was 32,000,000 MMK, drawings were 5,000,000 MMK, and additional capital introduced during the year was 3,000,000 MMK. What profit is derived from the capital-comparison method?

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