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Kales Plumbing Services provided with the following information for the financial year ended 28 February 20.1. R Services rendered. 950 000 Salaries.. 420 000 60

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Kales Plumbing Services provided with the following information for the financial year ended 28 February 20.1. R Services rendered. 950 000 Salaries.. 420 000 60 000 Wages. Telephone... Water and electricity 5 000 3 000 2 000 Stationery.. Interest income. 1 000 Insurance... 8 000 The profit/lossfor the year of Kales Plumbing Services for the year ended 28 February 20.1 is ... A. Loss for the year = R(362 000) B. Profit for the year = R452 000 C. Profit for the year = R363 000 . . D. Profit for the year = R453 000 . E. Loss for the year = R(1 291 000)

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