Ahmeds Business had a Service revenue of RO 5000, Commission revenue of RO 1000. Salary Expenses...
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Ahmeds Business had a Service revenue of RO 5000, Commission revenue of RO 1000. Salary Expenses amounted to RO 1500, Rent expenses are RO 200, Insurance expenses are RO 100, and Wages expenses amounted to RO 500. The financial result of the business is OaNet profit of RO 2700 b.Net loss of RO 3700 Oc. Net Profit of RO 3700 O d. Net Loss of RO 5000 Ahmeds Business had a Service revenue of RO 5000, Commission revenue of RO 1000. Salary Expenses amounted to RO 1500, Rent expenses are RO 200, Insurance expenses are RO 100, and Wages expenses amounted to RO 500. The financial result of the business is OaNet profit of RO 2700 b.Net loss of RO 3700 Oc. Net Profit of RO 3700 O d. Net Loss of RO 5000
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Correct answer is OptionC Net profit of RO 3700 Income statement Revenues ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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