In 2016, Zara securities earned sales revenues of Rs. 540,000. Their expenses were of Rs.
175.000 and purchased license with a cost of Rs. 80.000. The accountant paid the charity on
behalf of owner for Rs. 5,000. Net income for the year 2016:
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Answer:
280000
Explanation:
540,000 - (175.000+80.000+5,000)
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