Question: Complete the table provided by calculating and inserting the missing fields Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad
Complete the table provided by calculating and inserting the missing fields Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit R 1 580 000 (305 786) 10 500 500 (210 000) (12 000) (6.000) (15 000) (5 020) R Total ? ? (?) ? (18 000) ? (202 500) ??
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To complete the table lets calculate the missing values Gross Profit Gross Profit Sales Cost of Sale... View full answer
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