Ms. Carla Babo, a self-employed individual, rents out a five-room apartment. One of the rooms is rented to Mr. Maco Knot on March 1 of the current year, with the following terms and conditions. How much is the gross income of Ms. Babo at the end of the year? Monthly rental Security deposit for 3 months to be returned at the end of the lease contract 15,000 45,000 2,500 Share on the real estate tax assumed by the lessee

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Ms. Carla Babo, a self-employed individual, rents out a five-room
apartment. One of the rooms is rented to Mr. Maco Knot on March 1 of the
current year, with the following terms and conditions. How much is the
gross income of Ms. Babo at the end of the year?
Monthly rental
Security deposit for 3 months to be returned at the end of the lease contract
Share on the real estate tax assumed by the lessee
15,000
45,000
2,500
152,500
182,500
197,500
227,500
None of the above
Transcribed Image Text:Ms. Carla Babo, a self-employed individual, rents out a five-room apartment. One of the rooms is rented to Mr. Maco Knot on March 1 of the current year, with the following terms and conditions. How much is the gross income of Ms. Babo at the end of the year? Monthly rental Security deposit for 3 months to be returned at the end of the lease contract Share on the real estate tax assumed by the lessee 15,000 45,000 2,500 152,500 182,500 197,500 227,500 None of the above
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