Question
Betties Smith is the owner of Betties Plumbing. You are given the following information for Betties Plumbing for the year ended 28 February 20.2? R
Betties Smith is the owner of Betties Plumbing. You are given the following information for Betties Plumbing for the year ended 28 February 20.2?
| R |
Capital | 250 000 |
Services rendered | 450 000 |
Wages | 70 000 |
Telephone expenses | 10 000 |
Water and electricity | 8 000 |
Insurance | 1 500 |
Maintenance of vehicles | 2 500 |
Rent expenses | 32 500 |
Rent deposit paid | 1 400 |
Interest income | 3 000 |
Accrued income | 1 600 |
Accrued expenses | 2 300 |
What is the total comprehensive profit/loss of Betties Plumbing for the year ended 28 February 20.2:
NB: Instructions
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Only show the amount, do not show the R (eg: 12141.72)
3. If the net effect is a loss, please enter the amount as a negative (eg: -12141.72)
Answer:
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