wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Business profit of a sole traders results in

A
Increase in cash in hand
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Increase in capital
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Increase in sales
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Decrease in purchases
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Increase in capital
B is the correct answer.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Profitability Ratios
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon