Multiple Choice
Ian bought some goods in May for $600 and sold them in the following August for $950. For the financial year ending on 30 June, which of the following statements is correct?
A) Ian has expenses amounting to $600.
B) Ian has revenues amounting to $950.
C) Ian has a profit of $350.
D) Ian has assets of $600.
Correct Answer:
Verified
Correct Answer:
Verified
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