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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

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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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 Fue expense 2 500 Telephone expense 820 Discount received 1 000 Water and electricity 1 200 Debtors 5 400 Overdraft 10 000 O A. R47 980 O B. R32 580 OC. R49 980 O D. R42 580
Transcribed Image Text: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 Fue expense 2 500 Telephone expense 820 Discount received 1 000 Water and electricity 1 200 Debtors 5 400 Overdraft 10 000 O A. R47 980 O B. R32 580 OC. R49 980 O D. R42 580
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