Question

Calculate income from sale of rooms from the following information:
Revenue - Room Sales Rs.40,000
Sale of Food. = Rs. 10,000
Salary and Wages - Rooms Rs.3,000
Glassware expenses - Rooms. = Rs.1,000
Fire Insurance. = Rs.5,000
[A] Net Income from Rooms Department is Rs.31,000
[B] Net Income from Rooms Department is Rs.36,000
[C] Net Income from Rooms Department is Rs.46,000
[D] Net Income from Rooms Department is Rs.41,000​

Answer 1

Answer:

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Answer 2

Answer:

Net income from rooms department is R.s 36,000. (B)

Explanation: