Net assets fir celine, sole trader on 1 jan 2xx2 amounted to 128000. During the year to 31 december 2xx2 celebe introduced a further 50,000 of capital and made drawings of 48,000. At 31 december 2xx2 celebe net assets totalled 184000 What is celine total profit/ loss at year end 31 dec 2xx2

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 1.4.2MBA: Return on assets The following data (in millions) were adapted from recent financial statements of...
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Net assets fir celine, sole trader on 1 jan 2xx2 amounted to 128000. During the year to 31 december 2xx2
celebe introduced a further 50,000 of capital and made drawings of 48,000. At 31 december 2xx2 celebe
net assets totalled 184000 What is celine total profit/ loss at year end 31 dec 2xx2
Transcribed Image Text:Net assets fir celine, sole trader on 1 jan 2xx2 amounted to 128000. During the year to 31 december 2xx2 celebe introduced a further 50,000 of capital and made drawings of 48,000. At 31 december 2xx2 celebe net assets totalled 184000 What is celine total profit/ loss at year end 31 dec 2xx2
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