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Solution - The Capital in the Beginning of the Accounting Year is Ascertained by Preparing - Preparation of Statements for Single Entry System

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Question

The capital in the beginning of the accounting year is ascertained by preparing ______________

(a)  closing statement of affairs.
(b) cash account.
(c) statement of profit or loss.
(d) opening statement of affairs.

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Solution for question: The Capital in the Beginning of the Accounting Year is Ascertained by Preparing concept: Preparation of Statements for Single Entry System. For the courses HSC Arts, HSC Commerce, HSC Commerce (Marketing and Salesmanship)
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