Quiz-04 24.2.11 - 5. Land let out on lease for car parking....

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LUMS Quiz-04 Name: ----------------------------------------------------------------- I Place the following incomes under their correct heads. 10 marks 1. Payment received for letting out an office. 2. Gift from an employer. 3. Profit on savings account in a bank. 4. Net profit from sale of cars.
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Unformatted text preview: 5. Land let out on lease for car parking. 6. Profit on sale of stocks of a company. 7. Advance rent received for house. 8. Amount received by leasing co. for leasing machinery. 9. Pension from former employer. 10. Commission paid to visiting doctor by a hospital....
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This note was uploaded on 05/17/2011 for the course ECON 201 - ECON 201 - taught by Professor Charlesc.chiemeke during the Spring '09 term at American University of Kuwait.

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