Answered: Interest on balance with Central bank…

Interest on balance with Central bank RO 3500 Interest on fixed deposit RO 1100 Locker rent RO 520 Transfer fees paid RO 880 From the above information, the operating profit will be: O a. RO 2040

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Interest on balance with Central bank RO 3500
Interest on fixed deposit
RO 1100
Locker rent
RO 520
Transfer fees paid
RO 880
From the above information, the operating profit will be:
O a.
RO 2040
O b. RO 1040
O c. RO 2020
O d. RO 3040

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