Q:

How to calculate the balance of salaries expense?

Ibrahimhamm

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2022-06-23

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How to calculate the balance of salaries expense?

Revenue

Service revenue……………… $30000

Intrest Revenue……………..... ??????

Total revenues …………………………….????????

Expenses

Rent Expenses……………… $5000

Salaries Expenses……………???????

Utilities Expense…………….. $4000

Total expenses……………………………$16000

Net income………………………………………………………………..$29000

5,000+4,000=$9,000
16,000+4,000+5,000=$25,000
16,000-4,000-5,000=$7,000
None of the above

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Ibrahimhamm

2022-06-23

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C. 16,000-4,000-5,000=$7,000

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