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Interest expenses OMR 200 Interest payable OMR 100 Advertisement OMR 50 Insurance expense OMR 60...

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Accounting

Interest expenses OMR 200

Interest payable OMR 100

Advertisement OMR 50

Insurance expense OMR 60

Rent received OMR 90

Loss on sale of furniture OMR 75

Sold furniture for profit of OMR 110

Interest received OMR 20

Gross profit OMR 172

Sales discount OMR 16

Sale returns OMR 12

Sales revenue OMR 400

Find the operating income

Answer & Explanation Solved by verified expert
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