Solved

During June, Sing Tao Inc

Question 14

Multiple Choice

During June, Sing Tao Inc.sold ordinary shares for HK$11,450,000, earned revenue of HK$2,020,000, incurred expenses of HK$1,030,000, and paid dividends of HK$30,000.Net income for June is


A) HK$990,000
B) HK$993,000
C) HK$12,410,000
D) HK$13,470,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions