Where a firm has not kept proper books of account, an increase in closing capital over opening capital represents? By: Sunday|Published on: Jun 4|Categories: Accounting WAEC| 0 comments A. profit B. loss C. prepayments D. cash balance Correct Answer: Option A A. profit Users Also Read These:What is the capital from the opening balance sheet?Write short notes on any five of the following: (a)…Books of account are opening by means of a?Calculate the closing capital?Calculate the closing capital _____?SEE ALSO Which of the following is a normal account?