Accounting 0452 · IGCSE · Sole traders

Sole traders — practice question

At the close of her financial year, Emma gave the following figures. fees receivable from clients amounted to $78000 rent receivable was $11000 office expenses came to $20000 motor expenses totalled $9000 drawings were $2000 What profit did she make for the year?

  • A$47000
  • B$49000
  • C$58000
  • D$60000

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