Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.
During the year the business recorded $100,000 in car repair revenues, $55,000 in expenses, and dividends of $10,000.
The net income reported by Dashing Car Repair Shop for the year was:
a. $35,000.
b. $45,000.
c. $20,000.
d. $90,000.
e. none of the options listed
b.45000.........................
The correct answer is A- $35,000
difference between business revenue recorded and the expenses for the year = $45,000/- option(B)