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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Net profit of the business increases the ______. - Accountancy

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Question

Net profit of the business increases the ______.

Options

  • Drawings

  • Receivables

  • Debts

  • Capital

MCQ
Fill in the Blanks
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Solution

Net profit of the business increases the capital.

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Chapter 12: Final Accounts of Sole Proprietors - 1 - Multiple choice questions [Page 263]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 12 Final Accounts of Sole Proprietors - 1
Multiple choice questions | Q I 3. | Page 263
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