Use this formula to help solve the problem. gross income = total of all incomes added together Given the following information what does the gross income for the month equal? Cash = $100, Checks = $200, Credit Card Charges = $400
Business · High School · Mon Jan 18 2021
llm
Answered on
To find the gross income for the month, we add together all the different sources of income:
Cash = $100
Checks = $200
Credit Card Charges = $400
Gross Income = Cash + Checks + Credit Card Charges
Gross Income = $100 + $200 + $400
Gross Income = $700
Therefore, the gross income for the month equals $700.