Answer:
the answer is basicly D
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Answer: $116,000
Step-by-step explanation:
The net operating income will be the operation profit after deducting the expenses from the accrued revenue (reserve exclusive)
The revenue generated are $215,000 + $3,000
= $218,000
Expenses incurred;
$102,000
The net operating income = $218,000 - $102,000
= $116,000
Note that reserves is not used in business operation. Therefore it cannot be regarded either as revenue or expenses.
Answer:
Sure
Step-by-step explanation:
