Use the following information to answer the question
| Le | |
|
Capital (01/01/2020) |
1,934,600 |
| Capital (31/12/2020) | 2,530,000 |
|
Expenses |
346,900 |
| Drawings for 2020 | 72,500 |
| Additional capital for 2020 | 250,000 |
The net profit for 2020 is
a
Le 522,900
b
Le 417,900
c
Le 595,400
d
Le 72,000
Explanation
Correct Option
bNo explanation available
Video Explanation
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