None Tamanda is trying to determine her net profit from the following information she gathered from her business transactions for March 2022: R Sales 86 000 Cost of sales 28 000 Rent paid 4 500 Fueexpense 2 500 Telephone expense 820 Discount received 1 000 Water and electricity 1 200 Debtors 5 400 Overdraft 10 000O A. R47 980O B. R32 580OC. R49 980O D. R42 580

A business's taxable income, which is subject to income taxes, is determined by its net profit.…

Tamanda is trying to determine her net profit from the following information she gathered from her business transactions for March 2022: R Sales 86 000 Cost of sales 28 000 Rent paid 4 500 expense 2 500 Telephone expense 820 Discount received 1000 Water and electricity 1 200 Debtors 5 400 Overdraft 10 000 OA. R47 980 O B. R32 580 OC. R49 980 OD. R42 580

Tamanda is trying to determine her net profit from the following information she gathered from her business transactions for March 2022: R Sales 86 000 Cost of sales 28 000 Rent paid 4 500 expense 2 500 Telephone expense 820 Discount received 1000 Water and electricity 1 200 Debtors 5 400 Overdraft 10 000 OA. R47 980 O B. R32 580 OC. R49 980 OD. R42 580

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 6QY: What would be the net income for Floress Catering? a. 45,500 b. 16,800 c. 19,800 d. 10,800

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