ACCT MISC
East Carolina University
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ALL ONLINE TEST ACCOUTING 2.| ACCT MISC
- Exam (elaborations) • 33 pages • 2023
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ALL ONLINE TEST ACCOUTING 2.| ACCT MISCIf total sales is $90000, office expenses is $30000 and rent expense is $15000, profit or loss is which of the following?
Selected
Answer: $45000 profit
Answers:
$45000 profit
$45000 loss
$75000 loss
$75000 profit
Feedback: Profit equals $45000 = ($90000 – $30000 – $15000). Learning Objective 2.3 ~ outline the basic financial statements used in business to report to users for decision-making purposes.
• Question 2
1 out of 1 points
A ch...
Exam (elaborations)
ALL ONLINE TEST ACCOUTING 2.| ACCT MISC
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ago
ALL ONLINE TEST ACCOUTING 2.| ACCT MISCIf total sales is $90000, office expenses is $30000 and rent expense is $15000, profit or loss is which of the following? Selected Answer: $45000 profit Answers: $45000 profit $45000 loss $75000 loss $75000 profit Feedback: Profit equals $45000 = ($90000 – $30000 – $15000). Learning Objective 2.3 ~ outline the basic financial statements used in business to report to users for decision-making purposes. • Question 2 1 out of 1 points A ch...
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