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:Find the opening capital?The closing capital is?Calculate the closing capital?Books of account are opening by means of a?What is the capital from the opening balance sheet?SEE ALSO The accounting ledger for goods sold on credit are debit?