Question: Gross profit + Operating incomes - Operating expenses = A. Gross operating income B. Operating profit C. Net profit D. Gross profit Identify the most

Gross profit + Operating incomes - Operating expenses = A. Gross

operating income B. Operating profit C. Net profit D. Gross profit Identify

Gross profit + Operating incomes - Operating expenses = A. Gross operating income B. Operating profit C. Net profit D. Gross profit Identify the most relevant transaction for this entry: A. Bought equipment in cash R700 000. B. Donated equipment worth R00 000 to the local SPCA. C. Paid R700 000 rent for leased equipment. D. Bought equipment on credit R7.00 000

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