Question Description
If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?.

Solutions for If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice If a company's gross profit is $42,000 and the net profit is $43,000, what is the total amount of other incomes and expenses?a)Other incomes exceed expenses by $1,000b)Expenses exceed other incomes by $1,000c)Other incomes and expenses are equald)Cannot be determinedCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.