Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; salary Expenses OMR 10,000; water Expense OMR 2,000 and utility expenses OMR 16,000? O a. OMR 114,000 O b. OMR 104,000 COMP 84.000

Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; salary Expenses OMR 10,000; water Expense OMR 2,000 and utility expenses OMR 16,000? O a. OMR 114,000 O b. OMR 104,000 COMP 84.000

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 6QY: What would be the net income for Floress Catering? a. 45,500 b. 16,800 c. 19,800 d. 10,800

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Answer with formulas for upvotes?

Compute the net profit if, Service Revenue OMR 110,000; Other income OMR12,000; salary Expenses OMR 10,000; water Expense
OMR 2,000 and utility expenses OMR 16,000?
O a. OMR 114,000
Ob. OMR 104,000
O c. OMR 84,000
O d. OMR 94,000

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