Economy, asked by ramyadhaarani1735, 6 months ago

What is the Net Profit for the year ended 31st December, 2XXX? Income Statement For the year ended December 31, 2XXX Revenue $ Sales Revenue 30,000 Interest Revenue 2,000 Total Revenue Expenses Furniture & Equipment 15,000 Maintenance & Repair 200 Advertising 300 Rent 1,000 Salaries & Wages 9,000 Others 750 Total Expenses Net Profit A. 32000 B. 26,250 C. 5,750 D. 6,000

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Answered by alyg

Explanation:

What is the Net Profit for the year ended 31st December, 2XXX? Income Statement For the year ended December 31, 2XXX Revenue $ Sales Revenue 30,000 Interest Revenue 2,000 Total Revenue Expenses Furniture & Equipment 15,000 Maintenance & Repair 200 Advertising 300 Rent 1,000 Salaries & Wages 9,000 Others 750 Total Expenses Net Profit A. 32000 B. 26,250 C. 5,750 D. 6,000

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