Interested to Buy Any Domain ? << Click Here >> for more details...
40. If revenue was $70,000, expenses were $59,000, and
the owner’s withdrawals were $25,000, the amount of net
income or net loss was:
a) net income of $11,000
b) Net income of $36,000
c) Net loss of $59,000
d) Net income of $70,000
- 3 Answers
- 12034 Views
- Capmark, I also Faced
- E-Mail Answers
Answer Posted / nani
net income is $36000
| Is This Answer Correct ? | 3 Yes | 13 No |
Post New Answer View All Answers
what is the meaning of call in arear
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
distinguish between price rate and time rate?
What is Insider Trading ?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
Short Answer on __________written Down value
EXPAND___________IMA
Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset
write about an e-mail to manager seeking permission for leave
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
How can i prepare MIS report for Finance?
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
why do you want to work here?
what is pre post expenses
what is article of association? what is memorandum of association?
