A sole trader’s capital account included three postings, as well as the opening balance and the closing balance. What did those postings show?
- Adebit side: capital introduced; credit side: drawings, loss for the year
- Bdebit side: capital introduced, drawings; credit side: profit for the year
- Cdebit side: drawings, loss for the year; credit side: capital introduced
- Ddebit side: profit for the year; credit side: capital introduced, drawings