Question
Donna had gross receipts from her forms 1099 Misc of $ 250,000. She had a cost of goods sold of $ 89,000. She had other
Donna had gross receipts from her forms 1099 Misc of $ 250,000. She had a cost of goods sold of $ 89,000. She had other expenses totaling $ 24,000. She received a rbate from her supplier in the amount of $ 650.00. What is the amount of gross income to be reported on line 7 of Donna's Cheduel C?
- $ 137,000
- $ 161,000
- $ 250,000
$ 161,650
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
