CIMA BA3 Question Answer
The profit earned by Subramanian in 2006 was £ 50,000. He injected new capital of £12,000 during the year and withdrew goods for his private use that cost £4,000.
If net assets at the beginning of 2006 were £10,000, what were the closing net assets?
CIMA BA3 Summary
- Vendor: CIMA
- Product: BA3
- Update on: Sep 17, 2025
- Questions: 393
