Where a firm has not kept proper books of account, an increase in closing capital over opening capital represents? by Sunday | Jun 4 | Accounting WAEC | 0 comments A. profit B. loss C. prepayments D. cash balance Correct Answer: Option A A. profit Users Also Read These:The concept that guides a firm to adopt a regular…The mechanism of opening and closing of stomata in…Where there are no proper books of account, the…Opening creditors was N65,000, closing creditors was…Opening balance of Diks company was #12,202, closing…