The first question: One of the companies follows the single entry system and is given the following accounting information:- The capital is on December 31, 2015 800 Dollars The capital is on 01/31/2015 900 Dollars Capital additions during the period amounted to 300 Dollars Required : . 1- Finding the business result of the company

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
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The first question: One of the companies follows
the single entry system and is given the following
accounting information:-
The capital is on December 31, 2015
800
Dollars
The capital is on 01/31/2015 900 Dollars
Capital additions during the period amounted to 300
Dollars
Required : .
1- Finding the business result of the company
Transcribed Image Text:The first question: One of the companies follows the single entry system and is given the following accounting information:- The capital is on December 31, 2015 800 Dollars The capital is on 01/31/2015 900 Dollars Capital additions during the period amounted to 300 Dollars Required : . 1- Finding the business result of the company
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