Compute the missing values Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad

Compute the missing values

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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) ?? 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) ??

Answer rating: 100% (QA)

GROSS PROFIT SALESCOST OF SALES 1580000305786 1274214 ADD OTHER INCOMERENT INCOMEBAD DEBTS RECOVERE... View the full answer