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Calculate the Net Profit or Net Loss of the business from the following information. If Rent Expenses OMR 12,000, Rent Payable OMR 10,000, Services Revenue

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Calculate the Net Profit or Net Loss of the business from the following information. If Rent Expenses OMR 12,000, Rent Payable OMR 10,000, Services Revenue OMR 25,000 and Rent Receivable OMR 15,000 a. Net Loss OMR 3,000 b. Net Profit OMR18,000 c. Net Profit OMR 13,000 d. None of these

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