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5-Item Quiz on Income Statement

Quiz by Ervin Ryann Garcia

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5 questions
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  • Q1

    From the income statement shown, what is the length of the covered period?

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    30s
  • Q2

    How much did the business make from rendering services?

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    30s
  • Q3

    Are the total cost of operations  greater than what the business earned from rendering services?

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    30s
  • Q4

    What should the amount of P67,800 be called?

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    30s
  • Q5

    Say the business only earned P45,000 and incurred P57,200 expenses, what is the result of the business operation?

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    30s

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