calculate

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Qe_cresrpgvba

Writing

Description

b.At 31st December 2015, Tar Ltd had net assets of OMR5,000 and the following year net assets had risen to OMR6,500. Profit for the year was OMR4,000 and no additional capital was introduced. How much were drawings during the period? Which equation would be applicable and why?

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Explanation & Answer

Assets=liabilities +...


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