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2.1. Transfer the data given below in the table provided in the answering block: Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit R 1 580 000 (305 786) 10 500 500 (210 000) (12 000) (6 000) (15 000) (5 020) R Total ? ? (?) ? (18 000) ? (202 500) ??

2.1. Transfer the data given below in the table provided in the answering block: Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit R 1 580 000 (305 786) 10 500 500 (210 000) (12 000) (6 000) (15 000) (5 020) R Total ? ? (?) ? (18 000) ? (202 500) ??

FINANCIAL ACCOUNTING
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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2.1. Transfer the data given below in the table provided in the answering block: Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit R 1 580 000 (305 786) 10 500 500 (210 000) (12 000) (6 000) (15 000) (5 020) R Total ? ? (?) ? (18 000) ? (202 500) ??
Transcribed Image Text:2.1. Transfer the data given below in the table provided in the answering block: Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit R 1 580 000 (305 786) 10 500 500 (210 000) (12 000) (6 000) (15 000) (5 020) R Total ? ? (?) ? (18 000) ? (202 500) ??
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