Tamanda is trying to determine her net profit from the following information
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 Fuel expense 2 500
Telephone expense 820 Discount received 1 000 Water and electricity 1200 Debtors 5 400 Overdraft 10 000
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