What are two questions that an owner might be able to
answer by looking at accounting information?
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Whether his profitability has increased as compared to
previous year or not .
If yes or no the % of increase/decrease
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Answer / gaurav agarwal
1)whether his capital is increased from the relevant
previous year or not.
2)net profit ratio
Is This Answer Correct ? | 0 Yes | 2 No |
please provide wct retun guide line how can prepaire that
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Expand---------CRD
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My Question regarding owners drawings. case1; If owner paid some expenses from his own pocket and later that amount added to his salary then what adjustment entries will needed.