Accounting 0452 · IGCSE · Sole traders

Sole traders — practice question

Although Hassan earned a profit of $7000$, his capital fell by $200$ during the year. Which transactions brought about this?

  • ACapital introduced $1000$; drawings $8200$
  • BCapital introduced $1200$; drawings $6000$
  • CCapital introduced $2000$; drawings $8800$
  • DCapital introduced $2200$; drawings $4600$

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