Am i doing this right - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Students (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=13) +--- Thread: Am i doing this right (/showthread.php?tid=6671) |
Am i doing this right - peaceandlove - 10-02-2009 I am solving one problem , just want to confirm that i am right or if not please correct me , i am just confused at OE at beg. Date Total Assets 96000 Total liab 56000 OE ? Revenue 72000 Net Profit 30000 OE at beginning ? Ans OE = 96000 -56000 = 40000 OE at beg = OE - profit = 40000-30000= 10000 (is this right) |